These questions are based on the 10K for the year ended Dece

These questions are based on the 10-K for the year ended December 31, 2016 for PepsiCo, Inc. You can obtain Pepsi’s financial statements from the firm’s corporate web site at http://www.pepsico.com/Investors.html or from the SEC’s Edgar company filings site at https://www.sec.gov/edgar/searchedgar/companysearch.html. Unless otherwise indicated, all questions relate to the annual financial results.

How much is the current maturity of Pepsi’s long-term debt that was included as a current liability?

Compute the average interest rate for Pepsi’s debt. You can do this by dividing interest expense by the average balance sheet amount for debt incurring interest (so exclude items such as current liabilities and deferred taxes).

Solution

current maturity of Pepsi’s long-term debt = 4401