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155 B. 103.4 C. 116.3 D 129.2

155 B. 103.4 C. 116.3 D 129.2

Essentials Of Investments
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
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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 ______ billion cases. (Note: For this question, ignore other factors that affect sales.)
Transcribed Image Text: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 ______ billion cases. (Note: For this question, ignore other factors that affect sales.)
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