A. 155B. 103.4C. 116.3D 129.2 Coca-Cola's worldwide sales as of December 31, 2011, was 26.7 billion cases. Assume the following sales distribution:Unit Case VolumeEastern Europe20%Germany16%Spain14%Great Britain12%Italy9%France8%Other21%If Coca-Cola's worldwide growth were to continue at the same growth rate as it did in Germany between 1939 and 2008, when sales grew at the rateof 10.26%, its hypothetical sales in France in 2053 (42 years from 2011) would be approximatelyv billion cases. (Note: For this question,ignore other factors that affect sales.)

Future Value shows value of number compounded for certain period of time at given percentage. It is…

Answered: 155 B. 103.4 C. 116.3 D 129.2

Business

Finance

155 B. 103.4 C. 116.3 D 129.2

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

100%

A. 155

B. 103.4

C. 116.3

D 129.2

Coca-Cola's worldwide sales as of December 31, 2011, was 26.7 billion cases. Assume the following sales distribution:
Unit Case Volume
Eastern Europe
20%
Germany
16%
Spain
14%
Great Britain
12%
Italy
9%
France
8%
Other
21%
If Coca-Cola's worldwide growth were to continue at the same growth rate as it did in Germany between 1939 and 2008, when sales grew at the rate
of 10.26%, its hypothetical sales in France in 2053 (42 years from 2011) would be approximately
v billion cases. (Note: For this question,
ignore other factors that affect sales.)

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