Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pharmacist John S. Pemberton Invented a soft drink in 1886 that eventually became not only an Integral part of everyday life in the United States

image text in transcribed
Pharmacist John S. Pemberton Invented a soft drink in 1886 that eventually became not only an Integral part of everyday life in the United States but also a symbol of consumerism worldwide in 1929 the first Coca-Cola vending machines were Installed In Germany, and In 1930, the German 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. 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: During World War II, Coca-Cola cut off all syrup sales to Germany in 1940, resulting in no sales fro, 1943 to 1945. If Coca-Cola's sales grown from 1939 to 1945 at the same rate that they grew between 1934 and 1939, its sales in 1945 would have been approximately _____ cases. Coca-Cola's worldwide sales as of December 31, 2011, was 26.7 billion cases. Assume the following sales distribution: If 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 10.26%, its hypothetical sales in Great Britain in 2053(42 years from 2011) would be approximately _____ billon cases

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions