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Hi, I need help with essay on Getting to know pepsi. Paper must be at least 750 words. Please, no plagiarized work!To enhance the quality of its products and quality of its financial reports, the comp
Hi, I need help with essay on Getting to know pepsi. Paper must be at least 750 words. Please, no plagiarized work!
To enhance the quality of its products and quality of its financial reports, the company relies on the services of KPMG as their main external auditors. All financial reports released by the company have an approval and recommendation of their external auditor. The company releases its annual report at the end of each fiscal year,
which ends at the last Saturday of every December. The company’s financial records and leadership is available from the following website http://www.pepsico.com/annual11/#//. The company produces a variety of product for its domestic and global markets. The main products that are produced by the company include Dew, 7-Up, Frito-Lay, Gatorade, Quaker Oats, and Tropicana. Pepsi use the indirect method to report its cash flow activity. Indirect cash flow system of reporting uses applications that convert accrual net income or loss into cash flows through a series of additions and deductions.
Pepsi is a market leader in the production and distribution of soft drinks. The company recorded net revenue of $65,881 million, $65,881 million in the fiscal year ending 2011 and 2010 respectively as its net revenue. In the close of the financial year that ended at December 2011, the company was worth $72,882 million (PepsiCo web). This was a significant increase in its total holdings comparing to its closing balance of $68,153 million at the end of 2010 financial year (PepsiCo web). At the close of the trading period ending December 2011, the company recorded a net income of $6,443 million. The company’s stocks were valued at $66.35 at the end of the fourth quarter of the last trading period (PepsiCo web). This stock value attracted a $0.515 as a dividend or return on every share unit (PepsiCo web). According to the value of Pepsi’s closing stock and share equity, Pepsi can be classified as a large company. This is in relation to its annual income and dividend report released by the company. The company’s
