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1 Cola Inc. and Soda Co. are two of the largest and most successful beverage companies in the world in terms of the products
1 Cola Inc. and Soda Co. are two of the largest and most successful beverage companies in the world in terms of the products that th sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following rounded amounts reported in their annual reports (amounts in millions). 5 points eBook Print Fiscal Year Ended: Net Sales Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance Cola Inc. 2014 2013 6,507 4,754 148 6,359 Soda Co. 2015 2014 2013 $59:838 $45,432 $45,251 3,824 74 3,750 94 4,660 2015 $37,019 $32,990 $33,944 3,853 3,181 59 55 3,794 3,126 4,538 52 4,486
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