Answered: Key Figures ($ millons) Coca-Cola…

Business

Accounting

Key Figures ($ millons) Coca-Cola PepsiCo Sales.. $46,542 $66,504 Net Income. 8,634 6,462 Average assets 76,448 70,518

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow. Which company is more successful in returning net income from its assets invested?

Key Figures ($ millons)
Coca-Cola
PepsiCo
Sales..
$46,542
$66,504
Net Income.
8,634
6,462
Average assets
76,448
70,518

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