Coca-Cola Reported Net Sales Revenues of $18

question 104

Multiple Choice

Coca-Cola reported net sales revenues of $18.8 billion and cost of goods sold of $5.6 billion while PepsiCo reported revenues of $22.3 billion and cost of goods sold of $9.3 billion.Which of the following statements is correct?

• A)While PepsiCo generated more revenues than Coca-Cola,PepsiCo generated a lower gross profit percentage.
• B)Coca-Cola generated a lower gross profit percentage because their sales revenue was lower.
• C)PepsiCo did a better job of controlling product costs as a percentage of sales than did Coca-Cola as shown by their $13.0 billion gross profit.
• D)None of the above.

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Definitions:

Acculturation

The process through which individuals or groups from one culture come into contact with and adopt the practices, values, and norms of another culture.

Social World

Refers to the realm of human society and interaction, encompassing various cultures, practices, and social structures.

Racial Development

The process through which individuals recognize, understand, and appreciate racial and ethnic diversity and identity.

Attitude Change

The process through which an individual's feelings, beliefs, or predispositions towards an object, person, or issue are altered.