Each division is operated by separate management and is a profit centre. View the 2015 Annual Reports for the Coca-Cola Company and PepsiCo, Inc. Pemberton started to produce Coca- Cola syrup for soft drink that could be sold at soda fountains. Effects on service quality, productivity, efficiency, and profitability will be examined. Coca Cola uses the multi-step income statement because it includes the gross profit amount that is stated after net revenues and cost of goods sold. The Coca-Cola Company is a global key player in the beverage industry. Pemberton created a flavored syrup with a distinctive taste which could be sold at soda fountains by mixing the two components together.
What does each company classify as cash equivalents? Be sure to read the policies at the beginning of each class. Balance sheets and income statements express the assets and liabilities of a company and help investors decide whether the company is a good potential investment. The company had approximately 90,500 employees as of December 2007. Compute and compare the inventory turnover ratios and days to sell inventory for Coca-Cola and PepsiCo for 2013. What type of income format s do these two companies use? Data for 2010 and 2011 have been adjusted by Coca-Cola's new accounting methodology. Apparently the popularity of Coke's brand image causes people to think Coca- Cola itself tastes better, even though it really doesn't taste very different from Pepsi.
According to its most recent annual report from 2016,. How does each company value its inventories? Water is the main ingredient in substantially all of our products, is vital to our manufacturing processes, and is needed to produce the agricultural ingredients on which our business relies. Provide a rationale as to why there is a difference in these amounts between the two companies. It is a map as to how the stakeholders involve in the company are to perform in order for the company to run smoothly. Increasing public concern about obesity; possible new or increased taxes on sugar-sweetened beverages by government entities to reduce consumption or to raise revenue; additional governmental regulations concerning the marketing, labeling, packaging or sale of our sugar-sweetened beverages; and negative publicity resulting from actual or threatened legal actions against us or other companies in our industry relating to the marketing, labeling or sale of sugar-sweetened beverages may reduce demand for or increase the cost of our sugar-sweetened beverages, which could adversely affect our profitability. What does each company classify as cash equivalents? Coca- Cola has a Code of Business Conduct which aims at. What percent of total assets does each company invest in inventory? Which company had the greater percentage increase in total assets from 2012 to 2013? Which company has the dominant position in beverage sales? At Coca-Cola Consolidated, we recognize that we cannot have a healthy and growing business unless the communities we serve are healthy and sustainable.
Identify any differences in income statement formats between these two companies. In addition to this mitigation strategy, Coca-Cola has also adopted a climate change adaptation strategy focused on water — the Global Water Stewardship program. Have there been any subsequent events, errors and. Which company has the greater percentage increase in total assets from 2014 to 2015? What inventory costing methods do Coca-Cola and PepsiCo use? There are no extraordinary items or discontinued operations included on the income statement for Coca Cola. Coca- Cola was established in 1886 when an Atlanta pharmacist, Dr.
In addition to our namesake Coca-Cola drinks, some of our leading brands around the world include: AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut water. Are the revenue recognition policies of Coca-Cola and PepsiCo similar? Which company increased its revenues more dollars and percentage from 2012 to 2013? Having a clear idea of the vision and mission statement of the company is vital into achieving the goal of the company. Part of your grade will be based on the organization of your project. Listed on the consolidated balance sheet for Coca Cola is accumulated other comprehensive income. Present your assignment in a Microsoft Word document and clearly identify each lettered item to which you are responding. It also means continuously working to reduce our environmental impact, creating rewarding careers for our associates and bringing economic opportunity wherever we operate. What type of income format s do these two companies use? Staff there serve, on average, 650 cups of coffee a day, including both regular and specialty coffees, not to mention soups, Italian sandwiches, and a wide assortment of gourmet cheesecakes.
Which company had the greater percentage increase in total assets from 2012 to 2013? It was a double whammy for him, as his real estate business was concentrated in Houston, the oil capital of the world. The dollar amounts provided in financial statements used to answer the questions below were presented in millions. Does the company use the indirect or direct method of the cash flow statement? Which company had better financial results over this period? All financial figures play an important role in the success or failure of a business. What percent of total assets does each company invest in inventory? The company is not a single entity as the organizational operations required cooperation with almost 300 bottling partners globally, which is known as the Coca- Cola system The Coca- Cola Company, 2006-2012. What type of income format s do these two companies use? Pepsi Company is a serious competitor to Coca- Cola in many regions but not the main rival.
Compute and compare the following ratios for Coca-Cola and PepsiCo for 2013: Asset turnover, profit margin on sales, and rate of return on assets. © 2019 The Coca-Cola Company, all rights reserved. What are the gross profits, operating profits, and net incomes for these two companies over the three-year period 2013-2015? How much depreciation did each company report in 2013, 2012, and 2011? Which company increased its revenues more dollars and percentage from 2012 to 2013? A financial report is presented by each company for investors and stock holders to review, and in hopes of enticing new investors. What format s did these companies use to present their balance sheets? Describe the trend in net income over the years presented. With its push for global market share, Coca- Cola now operates in over 200 countries with over 84,000 suppliers. After turning both concepts into moneymakers, Fertitta chose to grow his company through public ownership and management rather than through franchising, as most other restaurant chains do. The Company operates primarily in the Southeast, with corporate offices located in Charlotte, North Carolina.