Current position analysis pepsico, inc., the parent company of frito-lay snack foods and pepsi beverages, had the following current assets and current liabilities at the end of two recent years: current year (in millions) previous year (in millions) cash and cash equivalents $6,297 $4,067 short-term investments, at cost 322 358 accounts and notes receivable, net 7,041 6,912 inventories 3,581 3,827 prepaid expenses and other current assets 1,479 2,277 short-term obligations 4,815 6,205 accounts payable 12,274 11,949 a. determine the (1) current ratio and (2) quick ratio for both years. round answers to one decimal place. current year previous year 1. current ratio 2. quick ratio b. the liquidity of pepsico has increased slightly over this time period. the current ratio has increased and the quick ratio has increased . pepsico appears to have ample resources to meet its short-term obligations, and these resources have improved during this time period.

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i. e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i. e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process. b)consumers have the right to clean air; consumers are dominant in the bargaining process. c)firm has the right to pollute; firm is dominant in the bargaining process. d)firm has the right to pollute; consumers are dominant in the bargaining proces

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)