Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financialfigures for these businesses for a recent year follow.Key Figures ($ millions) Coca-Cola PepsiCoSales . $46,542 $66,504Net income . 8,634 6,462Average assets . . . . . . . . . . . . . . . . . . . . 76,448 70,518Required Write a one-paragraph memorandum explaining which company you would invest your money in and why. (Limit your explanation to the information provided.)
Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financialfigures for these businesses for a recent year follow.Key Figures ($ millions) Coca-Cola PepsiCoSales . $46,542 $66,504Net income . 8,634 6,462Average assets . . . . . . . . . . . . . . . . . . . . 76,448 70,518Required Write a one-paragraph memorandum explaining which company you would invest your money in and why. (Limit your explanation to the information provided.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial
figures for these businesses for a recent year follow.
Key Figures ($ millions) Coca-Cola PepsiCo
Sales . $46,542 $66,504
Net income . 8,634 6,462
Average assets . . . . . . . . . . . . . . . . . . . . 76,448 70,518
Required Write a one-paragraph memorandum explaining which company you would invest your money in and
why. (Limit your explanation to the information provided.)
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