<p>Citigroup Name______Friday July 15, 2012 Financial Statement Analysis Four Hours Barry M Frohlinger </p><p>INSTRUCTIONS:</p><p>1. This quiz consists of two parts  Twelve questions totaling 100 points [the first 10 questions are worth 40% of the exam]  Set of financial statements for Pepsi</p><p>2. Place all answers in spaces following questions.</p><p>3. Always identify specific accounts & amounts  Use the Company's account titles. WRITE LEGIBLY AND NEATLY. Do not write on the backs of any pages nor attach any pages. </p><p>4. If you can't determine an amount, show $X and explain in words.</p><p>5. Clearly label each figure (if "plug", say so).</p><p>6. Round all dollar amounts and show calculations.</p><p>7. Support your conclusions.</p><p>8. Time: You will have four hours to answer the questions. Allocate your time wisely. Do not devote an inordinate time to any question.</p><p>Copyright Barry M Frohlinger, Inc 1981 – 2012 PEPSI Quiz 1 PEPSI QUESTIONS</p><p>See the set of financial statements for Pepsi. REQUIRED: SHOW CALCULATION & STATE ASSUMPTIONS</p><p>1. Pepsi has $72,882 of assets at yearend 2011. Show how these assets have been financed using the following groupings: </p><p> by delayed payments for operating payables & accruals by cash borrowing from lenders by Pepsi common shareholders by others [please label] By others [please label] Total 72,882</p><p>2. Pepsi reports the market value per share (end of the 4th qtr 2011) as $ 66.23. Calculate the book value per share and comment [at year end 2011]. </p><p>3. See Footnote #3. In 2011, Pepsi incurred restructuring charges in conjunction with the multi-year Productivity Plan. Write the journal entry recorded by the firm. </p><p>Copyright Barry M Frohlinger, Inc 1981 – 2012 PEPSI Quiz 2 4. See Note 15. On February 3, 2011, Pepsi acquired the ordinary shares, including shares underlying ADSs and Global Depositary Shares (GDS), of WBD, a company incorporated in the Russian Federation, which represented in the aggregate approximately 66% of WBD's outstanding ordinary shares, pursuant to the purchase agreement dated December 1, 2010. Write the journal entry for this transaction, reflecting the journal entry to the consolidated balance sheet.</p><p>5. Complete the Goodwill account for fiscal 2011. </p><p>Goodwill</p><p>6. Complete the total debt account for fiscal 2011. </p><p>Total Debt</p><p> end of quiz questions</p><p>Copyright Barry M Frohlinger, Inc 1981 – 2012 PEPSI Quiz 3</p>