The following revenue data were taken from the December 31, 2017, Coca-Cola annual report (10-K): 2017 (in millions) Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments Outside sales $7,332 $3,956 $8,651 $4,767 $10,524 Intersegment sales 42 73 1,986 409 81 Total sales $7,374 $4,029 $10,637 $5,176 $10,605 2016 (in millions) Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments Outside sales $7,014 $3,746 $6,437 $4,788 $19,751 Intersegment sales 264 73 3,773 506 134 Total sales $7,278 $3,819 $10,210 $5,294 $19,885 For each segment and each year, calculate intersegment sales (another name for transfer sales) as a percentage of total sales. Round your answers to one decimal place. Intersegment Sales as a % of Total Sales Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments 2017 fill in the blank 1% fill in the blank 2% fill in the blank 3% fill in the blank 4% fill in the blank 5% 2016 fill in the blank 6% fill in the blank 7% fill in the blank 8% fill in the blank 9% fill in the blank 10%
The following revenue data were taken from the December 31, 2017, Coca-Cola annual report (10-K): 2017 (in millions) Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments Outside sales $7,332 $3,956 $8,651 $4,767 $10,524 Intersegment sales 42 73 1,986 409 81 Total sales $7,374 $4,029 $10,637 $5,176 $10,605 2016 (in millions) Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments Outside sales $7,014 $3,746 $6,437 $4,788 $19,751 Intersegment sales 264 73 3,773 506 134 Total sales $7,278 $3,819 $10,210 $5,294 $19,885 For each segment and each year, calculate intersegment sales (another name for transfer sales) as a percentage of total sales. Round your answers to one decimal place. Intersegment Sales as a % of Total Sales Europe, Middle East, Africa Latin America North America Asia Pacific Bottle Investments 2017 fill in the blank 1% fill in the blank 2% fill in the blank 3% fill in the blank 4% fill in the blank 5% 2016 fill in the blank 6% fill in the blank 7% fill in the blank 8% fill in the blank 9% fill in the blank 10%
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
Related questions
Question
The following revenue data were taken from the December 31, 2017, Coca-Cola annual report (10-K):
2017 (in millions) |
Europe, Middle East, Africa |
Latin America |
North America |
Asia Pacific |
Bottle Investments |
| Outside sales | $7,332 | $3,956 | $8,651 | $4,767 | $10,524 |
| Intersegment sales | 42 | 73 | 1,986 | 409 | 81 |
| Total sales | $7,374 | $4,029 | $10,637 | $5,176 | $10,605 |
2016 (in millions) |
Europe, Middle East, Africa |
Latin America |
North America |
Asia Pacific |
Bottle Investments |
| Outside sales | $7,014 | $3,746 | $6,437 | $4,788 | $19,751 |
| Intersegment sales | 264 | 73 | 3,773 | 506 | 134 |
| Total sales | $7,278 | $3,819 | $10,210 | $5,294 | $19,885 |
For each segment and each year, calculate intersegment sales (another name for transfer sales) as a percentage of total sales. Round your answers to one decimal place.
| Intersegment Sales as a % of Total Sales | |||||
| Europe, Middle East, Africa |
Latin America |
North America |
Asia Pacific |
Bottle Investments |
|
| 2017 | fill in the blank 1% | fill in the blank 2% | fill in the blank 3% | fill in the blank 4% | fill in the blank 5% |
| 2016 | fill in the blank 6% | fill in the blank 7% | fill in the blank 8% | fill in the blank 9% | fill in the blank 10% |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education