Response to the following questions:
1. Assume that a friend of yours operates a family-owned pharmacy. A Super Wal-Mart is scheduled to open in the next several months that will also offer pharmacy services. What business emphasis would your friend use to compete with the Super Wal-Mart pharmacy?
2. The total assets and total liabilities of Coca-Cola and PepsiCo are shown below.
Coca-Cola PepsiCo
(in millions) (in millions)
Assets $31,327 $27,987
Liabilities 15,392 14,464
Determine the stockholders' equity of each company.