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11PSA_2

Expert-verified
Found in: Page 41

### Financial & Managerial Accounting

Book edition 7th
Author(s) John J Wild, Ken W. Shaw, Barbara Chiappetta
Pages 1096 pages
ISBN 9781259726705

# 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?

PepsiCo is successful in terms of sale.

See the 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.