Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 18 - Revenue Recognition - Review and Practice - Using Your Judgment - Comparative Analysis Case - Page 1049: a

Answer

Coca-Cola’s revenue was $45,998 Million in 2014 while Pepsi was at $66,683 Million in 2014. Pepsi’s revenue increased more by $268 Million, which is a growth of 0.404%.

Work Step by Step

Coca-cola’s revenue decreased by $856 Million from 2013 to 2014.
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