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 Spain in 2053 (42 years from 2011) would be billion cases. (Note: For this question, ignore other factors that affect sales.) approximately
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 Spain in 2053 (42 years from 2011) would be billion cases. (Note: For this question, ignore other factors that affect sales.) approximately
Chapter22: International Financial Management
Section: Chapter Questions
Problem 4P
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