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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 | ? | ? | ? | ? | ? |
| 2016 | ? | ? | ? | ? | ? |
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