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.
What inventory method does coke use?
Coca-Cola's operated at median inventory method of 3 from fiscal years ending December 2017 to 2021.
What accounting method does PepsiCo use?
PepsiCo can use write off method and allowance for their accounts uncollectible.
What is Dr Pepper a product of?
Currently, the majority of Pepsi and Coke bottlers bottling Dr Pepper are owned by PepsiCo and The Coca-Cola Company after their buyouts of their major bottlers. Presently, Dr Pepper Snapple relies on its own bottling group to bottle and distribute its products in more than 30 states.
How does Pepsi manage their inventory?
PepsiCo's inventory management emphasizes automation. Adequacy, scheduling, and cost minimization are the key objectives in this strategic area of operations management. PepsiCo does so through computerized monitoring of inventory. Inventory managers can access real-time data to help them make decisions.
What is the supply chain for Coca-Cola?
The typical workflow within Coca-Cola supply chain: The Coca-Cola Company headquarters in Atlanta manufacture the concentrated syrup and sell it to Coca-Cola Enterprises (CCE) or another bottling partner, which is responsible for selling the product in North America and Canada.
How much did Pepsi make 2019?
PepsiCo annual revenue for 2019 was $67.161B, a 3.87% increase from 2018.
Is Dr Pepper a woman?
Charles Taylor Pepper (December 2, 1830 – May 28, 1903) was an American physician and surgeon, who is often cited as the namesake for the soft drink brand Dr Pepper.
What two sodas make Dr Pepper?
Shortcut Dr Pepper20 fl oz (590 mL) bottle of cola (Pepsi preferred)0.5 tsp (2.5 mL) almond extract.0.5 tsp (2.5 mL) vanilla extract.
Is Dr Pepper owned by Coke?
Pepper distribution for $715 million. In a much-anticipated acquisition deal, Coke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once Coke acquires its biggest North American bottler.
Company Overview
- Coca-cola company is an American based company having its headquarters in Atlanta, Georgia, US. It was incorporated in the year 1919.It operates in the beverage industry. 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, ...
Ratio Analysis
- Companies employ various financial ratios to evaluate their performance in the market. For this assignment; thequick ratio, current ratio, asset turnover, inventory turnover, accounts receivable turnover, and gross profit percentage ratios will be explored. The ratios will generate information about the financial health of the companies mentioned above within the beverage industry. The f…
Comparison of Accounting Methods
- Intangible assets comprise goodwill, trademarks, franchises, patents and copyrights(LumenCandela, 2018). Goodwill refers to a firm’s acquisition price less net assets. The others provide a legal provision for a company’s operations and ownership. Coca Cola uses trademarks, goodwill, and franchise. The others mainly usegoodwill. FIFO refers to a stock costi…
Final Recommendation
- 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.
References
- KDP Inc. (2018). FORM 10-K: Annual Report with a Comprehensive Overview of the Company.Morningstar Document Research. LumenCandela. (2018). Types of Intangible Assets. Retrieved from Lumen Learning: https://courses.lumenlearning.com/boundless-accounting/chapter/types-of-intangible-assets/ Mattison, B.L., Miller-Nobles, T.L. & Matsumura, …