Coca Cola uses trademarks, goodwill, and franchise. The others mainly usegoodwill. FIFO refers to a stock costing and control method where old inventory is removed first whereas LIFO
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What is the difference between LIFO and FIFO?
FIFO refers to a stock costing and control method where old inventory is removed first whereas LIFO is where the newer stock is removedfirst. PepsiCo uses LIFO and FIFO.
What are inventories in Coca-Cola?
Inventories consist primarily of raw materials and packaging (which includes ingredients and supplies) and finished goods (which include concentrates and syrups in Coca-Cola's concentrate operations and finished beverages in the finished product operations). Inventories are valued at the lower of cost or net realizable value.
How many non-alcoholic drinks does Coca Cola have?
Coca Cola is the leading global beverage company with about 500 non-alcoholic brands (US SEC, 2017). The popular nonalcoholic beverages are categorized intosports, sparkling soft, water, dairy, juice, and plant-based drinks.
Which inventory method does Coca Cola use?
The inventory record keeping method used by the company (FIFO / LIFO).
What depreciation method does Coca Cola use?
straight-line methodDepreciation is recorded principally by the straight-line method over the estimated useful lives of our assets, which are reviewed periodically and generally have the following ranges: buildings and improvements: 40 years or less; and machinery, equipment and vehicle fleet: 20 years or less.
Does Keurig Dr Pepper use LIFO or FIFO?
Keurig Company uses both methods. It uses LIFO for its subsidiaries and FIFO for costs of the inventories.
Who invented the Coca Cola?
John Stith PembertonCoca-Cola / InventorJohn Stith Pemberton was an American pharmacist and Confederate States Army veteran who is best known as the inventor of Coca-Cola. In May 1886, he developed an early version of a beverage that would later become Coca-Cola, but sold his rights to the drink shortly before his death. Wikipedia
What are Coca Cola's fixed assets?
Coca-Cola's latest twelve months fixed asset turnover is 3.9x. Coca-Cola's fixed asset turnover for fiscal years ending December 2017 to 2021 averaged 3.4x. Coca-Cola's operated at median fixed asset turnover of 3.4x from fiscal years ending December 2017 to 2021.
What effective tax rate did Coca Cola have with what the company paid in 1997 as an EF count for the difference?
The effective tax rate in 1997 was 1926 / ( 5001-258+1312 ) = 31.81 % , while the same quantity for 1998 was 1665 / ( 4967-277+508 ) = 32.03 % , which is almost the same .
Does Coca Cola use allowance method or direct write off?
Coca-Cola Company uses the direct write-off method of accounting for uncollectibles.
Does PepsiCo use the allowance method?
PepsiCo can use write off method and allowance for their accounts uncollectible.
Why is Coca-Cola called Coke?
Coca-Cola's history has been well-documented. The drink was invented in 1885 by John Pemberton, a pharmacist from Atlanta, Georgia, who made the original formula in his backyard. Pemberton's recipe contained cocaine in the form of an extract of the coca leaf, which inspired the “Coca” part of the beverage's name.
What is the oldest soda?
Of all the major soft drink brands in America, Dr Pepper is the oldest. The drink was invented by pharmacist Charles Alderton in 1885 at Morrison's Old Corner Drug Store in Waco, Texas. The U.S. Patent Office recognizes December 1, 1885 as the first time Dr. Pepper was sold.
Who owns Coke today?
The Vanguard GroupBerkshire HathawayBlackRockThe Coca-Cola Company/Owners
What is the ratio of PepsiCo to Coca Cola?
The current ratio of PepsiCo is 1.51. PepsiCo and Coca Cola have rates above the industry average, unlike Keurig Dr Pepper. This state implies that they have a strong financial performance. Contrariwise, KDP has a poor performance.
Is PepsiCo a good company?
PepsiCo has a strong financial performance based on liquidity ratios. Moreover, it also recorded better productivity based on the efficiency rations. The company has an excellent capability to generate revenue from its assets. It can also collect its receivable accounts well. Therefore, I would recommend PepsiCo to an investor. Coca Cola would be an alternative as well.