Use your own words to summarize the information from the textbook. Provide proper citations for sources used, including the textbook. Review the resources provided to assist with completion.
1. Calculate the accounts receivable turnover and the average collection period ratios for PepsiCo for the most current year presented. Explain what the results indicate about the company. Summarize how well PepsiCo is collecting on its receivables based upon the type(s) of products it sells and the industry in which it competes. Justify your speculation by using supporting facts from the income statement, balance sheet, or other resources (200 words
2. Respond to Question 5 from Chapter 8 of the textbook: Consider the following statement: “The fewer the uncollectible accounts, the better.” Can you think of instances where this might not be the case? Support your points with an example of why fewer uncollectible accounts may not be better for business. Participate in follow-up discussions by reviewing the fact patterns described by classmates and changing them to try to prove the point that fewer uncollectible accounts are not better. (200 words)
Both Questions must include at least one cited reference, be 150-200 words in length (not including references), and demonstrate solid academic writing skills.
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