Coke or Pepsi?
Almost everyone in the world prefers one brand to another. In comparing Coca Cola and Pepsi we must look at the financial pictures of both organizations. By comparing balance sheets, statements of income, statement of cash flows, statement of changes in owners' equity we can determine the choice of soda drinkers.
By reviewing the 2000 Consolidated Statement of Income of PepsiCo, Inc. and Subsidiaries, one can determine annual net sales of $20,438 (in terms of millions). Costs and expenses total $17,213. Operating profit equals $3,210 before income taxes. …
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