The Coca-Cola Company and PepsiCo, Inc.

Instructions Go to KWW website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc.

(a) What were Coca-Cola’s and PepsiCo’s net revenues (sales) for the year 2004? Which company increased its revenues more (dollars and percentage) from 2003 to 2004?

(b) Are the revenue recognition policies of Coca-Cola and PepsiCo similar? Explain.

(c) In which foreign countries (geographic areas) did Coca-Cola and PepsiCo experience significant revenues in 2004? Compare the amounts of foreign revenues to U.S. revenues for both Coca-Cola and PepsiCo.