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5. Companies and growth rates Aa Aa E Pharmacist John S. Pemberton invented a soft drink in 1886 that eventually became an integral part of
5. Companies and growth rates Aa Aa E Pharmacist John S. Pemberton invented a soft drink in 1886 that eventually became an integral part of everyday life and a symbol of consumerism worldwide. In 1929, the first Coca-Cola vending machines were installed in Germany, and in 1930, the Germani branch of the Coca-Cola Co. opened in Essen. Coca-Cola sales in Germany were 243,000 cases in 1934, 1 million cases in 1936, and 4.5 million cases in 1939 (Source: "Coca Cola GmbH and World War Two," on Get the Real Facts, www.gettherealfacts.co.uk/docs/gmbh.pdf) Germany was a growing market for Coca-Cola, along with other countries in Europe, before World War II. With the previous data given, calculate the company's sales growth rate for each time period in the following table. Growth Rate | Years 1934-1936 1936-1939 1934-1939 During World War II, Coca Cola Co. cut off all syrup sales to Germany in 1940, resulting in no sales from 1943 1945. If Coca-Cola's sales had grown from 1939 to 1945 at the same rate that It grew between 1934 and 1939, Its sales in 1945 would have been approximately cases. (Hint: Use sales data from 1939 as the present value.) Coca-Cola's worldwide sales as of December 31, 2011, was 26.7 billion cases. Assume the following sales distribution: Unit Case Volume Eastern Europe 20% Germany 16% Spain 14% Great Britain 12% Italy 91% France Other 21% 8% fr Coca-Cola's worldwide growth were to continue at the same growth rate as it did in Germany between 1939 and 2008, when sales grew at the rate of 10.25%, its hypothetical sales in France in 2053 (42 years from 2011) would be approximately b illion cases. (For this question, ignore other factors that affect sales.)
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