Question

Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures (in \( millions) for these businesses for a recent year follow.

Check (1a) 11.3%; (1b) 9.2%

Key Figures (\) millions) Coca-Cola PepsiCo

Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . \(46,542 \)66,504

Net income . . . . . . . . . . . . . . . . . . . . . . . 8,634 6,462

Average assets . . . . . . . . . . . . . . . . . . . . 76,448 70,518

Required 2. Which company is more successful in its total amount of sales to consumers?

Short answer

PepsiCo is successful in terms of sale.

Step-by-step solution

Definition of Sales Revenue

Sales revenue is defined as any amount received by a company in exchange for providing goods or rendering services.

Comparison of total sales amount

After observing the total sale amounts of sales of both the companies, it can be clearly seen that the total sales of PepsiCo are much better as its sales are $66,504 while the sales of Coca-Cola are only $46,542.