How does their accounting for inventories affect comparability between the two companies? (d) Which company changed its accounting policies during 2009 which affected the consistency of the financial results from the previous year? What were these changes? SOLUTION (a) Coca-Cola indicates its business is nonalcoholic beverages, principally soft drinks, but also a variety of noncarbonated beverages. It notes that it is the world’s largest manufacturer, distributor, and marketer of concentrates and syrups to produce nonalcoholic beverages.
What are Energy Drinks Energy drinks are canned or bottled beverages sold in convenience stores, grocery stores, and bars and nightclubs. Most energy drinks are carbonated drinks that contain large amounts of caffeine and sugar with additional ingredients, such as B vitamins, amino acids, and herbal stimulants such as guarana. Energy drinks are marketed primarily to people between the ages of 18 and 30 as a stimulant, which is why energy drinks have names that convey strength, power, and speed. History of Energy Drinks Although sales of energy drinks in the United States were $3.5 billion in 2005, according to Beverage Digest, the category was only recently created with the launch of the Red Bull Energy Drink. Red Bull was created by Dietrich Mateschitz, an Austrian who modified the energy drink from a Thai beverage called Krating Daeng, a popular drink with rickshaw drivers in Thailand.
Obesity itself cannot solely be blamed on the high consumption of soda or sugary-drinks, but there is a strong correlation between the two. Boston Children’s Hospital preformed a study with 224 overweight, or obese, high school students. Half of the recipients received free home deliveries of zero-calorie drinks along with water; others received a fifty dollar gift card. According to this study, “after one year, the gift card recipients had gained more weight than those who got the calorie-free drinks” (“Getting Fat on Sugary-Drinks” 8). The evidence provided in this study concludes that soda can be a leading factor in obesity rates, and that water or lower-calorie drinks can help prevent obesity.
On the other hand, PepsiCo’s 2011 current assets total to $17,441 million and their total assets total to $72,882. Their current assets are only about 23% of their total assets. While their total assets are about equal, PepsiCo has significantly less current assets than Coca-Cola that they plan to convert to cash, sell, or consume in their operating cycle. (d) What are
| 0.9625 | c. | 0.9909 | Question 2 The contents of soft drink bottles are normally distributed with a mean of twelve ounces and a standard deviation of one ounce. a. | What is the probability that a randomly selected bottle will contain more than ten ounces of soft drink? | b. | What is the probability that a randomly selected bottle will contain between 9.5 and 11 ounces?
After spending $70.00 to produce, John Pemberton only sold a total amount of $50.00 worth of the soft drink. The ingredients in Coca Cola include cocaine and caffeine- rich kola nut. It was initially know as a tonic instead of a soft drink. Coca Cola was purchased from Asa Candler in 1887 for $2300 and became popular due to his aggressive marketing in the 1980’s. A new formula called
Chemical contaminants used during manufacturing end up in the HFCS and in our food. What we know, for example, is that chloralkali is used in making high fructose corn syrup. Chloralkai contains mercury. And there are trace amounts of mercury found in high fructose corn syrup-containing beverages. Now, it may not be a problem if we eat this occasionally, but the average person in the country consumes more than 20 teaspoons a day of high fructose corn syrup and the average teenager has 34 teaspoons a day.
Analyzing the Marketing Environment (PepsiCo) Name: Seaton Johnson Course:MKT 120 Instructor: Mr. A Woherem Report on Analyzing the Marketing Environment ( PepsiCo) Relations of PeopsiCo with terms from Chapter 3 of the text (Analyzing the Marketing Environment) Micro environment: These are actors close to the company that affects its ability to serve its customers- the company, suppliers, marketing intermediaries, customers market, competitors and publics. 1. This term can be related to PepsiCo because they have their micro environment; their largest competitor is coca-cola, they have their private intermediaries who put their product out their out to the public. Macro environment: This is the larger societal forces that affect the micro environment- demographics, economic, natural, technological, political and cultural. 1.
Dangers of Energy Drinks Red Bull, Monster, One Shot, Feel Good, Bawls, Rock Star, Sparks, Full Throttle. Yup I’m talking about Energy Drinks. There are a few things I’d like to inform you about energy drinks. There are a ton energy drinks on the market today Most of these contain some form of sugar, sugar substitute, vitamins, minerals, herb extracts, and other ingredients, which only scientists can identify. In the 1980’s Jolt Cola was one of the earliest products in the energy drink market, advertising “Twice the caffeine” as other drinks.
Ratios determine liquidity, profitability, and solvency of a company. The purpose of this report is to compare two popular brands in regard to their financial health. Each company’s information will be analyzed vertically, horizontally, and their current ratios calculated. The following paragraphs will provide a brief description of both companies. PepsiCo Synopsis Pepsi-cola is the invention of Caleb Bradham, a pharmacist, in 1898.