Executive Summary

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Executive Summary Ashley Gould, Sabrina Mcmiller, Rick Lopez, Letitia Miller ACC/280 September 13, 2011 Aaron Mitchell Executive Summary Introduction An executive summary is based upon organization of information provided from data gained in a company. PepsiCo is the company chosen to summarize. The data gathered is from the most recent annual reports found within the 2011 year. This data was broken down into 14 different parts where we identified much of the most important information gathered in different sheets used in the accounting departments. The basis from our information comes from the balance sheet, income statement sheet, and the cash flow statement sheet. • Company history: When was the company founded? By whom? List other historical facts. Caleb Bradham who is the inventor of Pepsi also was a pharmacist and drugstore owner. Caleb Bradham started working with different combinations of spices, juices, and syrups trying to make a thirst-quenching new drink to serve his customers. He succeeds beyond what anyone expected and with that he created pepsi-cola. It was a unique mixture of kola nut extract, vanilla and rare oils, and this drink his customers named Brad’s drink but Caleb decided to change the name to "Pepsi-Cola," Caleb launched the Pepsi-Cola Company in the back room of his pharmacy in 1902. The business grew so fast that he decided, and on June 16, 1903, "Pepsi-Cola" was officially registered with the U.S. Patent Office. Also in 1902, Caleb sold 7,968 gallons of syrup, using the theme line "Exhilarating, Invigorating, Aids Digestion." He also began awarding franchises to bottle Pepsi to independent investors, whose number grew from just two in 1905, in the cities of Charlotte and Durham, North Carolina, to 15 the following year, and 40 by 1907. By the end of 1910, there were Pepsi-Cola had

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