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

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Chapter10: Forecasting Financial Statement
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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
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 Spain in 2053 (42 years from 2011) would be billion cases. (Note: For this question, ignore other factors that affect sales.) approximately
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