Coca-Cola Company and PepsiCo are two of the best known companies worldwide. Their 2014 financial statements can be found in the investor information sections of their company websites: www.coca-colacompany.com/investor and origin-www.pepsico.com/investors.
Instructions
Go to the company websites and use information found there as part of their annual reports to answer the following questions related to Coca-Cola Company and PepsiCo.
(a) What were Coca-Cola's and PepsiCo's net revenues (sales) for the year 2014? Which company increased its revenue more (dollars and percentage) from 2013 to 2014?
(b) Are the revenue recognition policies of Coca-Cola and PepsiCo similar? Explain.
(c) In which foreign countries (geographical areas) did Coca- Cola and PepsiCo earn significant revenues in 2014? Compare the amounts of foreign revenues to U.S. revenues for both Coca Cola and PepsiCo.