I have selected devil of America?s most establish and well known companies ever, Coca-Cola and Pepsi, on which to conduct a go over of financial statements. These two companies combined have been in calling 230 years. Coca-Cola and Pepsi have come to dominate the global market with their products. They some(prenominal) have production plants in every major kingdom on this planet. This paper will provide a picture overview of each company, which includes when the companies were conventional, what product and services these two companies provide, and which accounting firms scrutinize these two company?s financial statements. This paper in any case identifies the four types of financial statements that are utilized by these two publicly traded companies. Finally this paper defines the basic accounting concepts, terminologies, and proceeding of the company?s financial statements.
Company OverviewsCoca-Cola originally started with comfortable drinks and now their product list is endless with foods and drinks. Coca-Cola has been in fear for over 120 years and is still successfully growing. wish Coca-Cola, Pepsi is just as successful. Pepsi has been successfully growing for the past cx years now. Pepsi also provides a great selection of bonkers drinks, Frito Lay snacks, sports drinks, Quaker foods, and gentlemany more. Coca- Cola was established over 120 years ago by a man named Dr. John Pemberton.
It was a ?one man? business, which became one of the creation?s largest companies. Coke originally started here in the US, marketing a glass of coke for $.05. Coke started getting its fame in the US when it was discovered that soda drinks are good for mass?s health. Shortly after Coca- Cola was introduced to America, Pepsi entered the market and became established in 1898; Pepsi stared with soft drinks as well. Pepsi is standing very constrictive to Coke with its products and sales around the...
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