Can someone please help me understand what information is worth highlighting on the financial statements for Pepsi and Coke? I need to write a summary, but am not sure what information I should capture and also want to make sure I understand how to interpret the data...
Highlight Key Info that is available on each statement
On May 8th, 1886, Coca-Cola was established in Atlanta, Georgia, by a local pharmacist called Dr. John Stith Pemberton. Today, Coca-Cola is a worldwide brand and an instantly recognizable household name. Even though the company's original product is soda production, the company has updated its beliefs and product line to offer customized products and services within the communities in which it operates. For example, Coca-Cola now offers about 400 brands of products in over 200 countries.
Financial statements are most important statements of accounting. Accountants summarize this information in a balance sheet, income statement, statement of stockholder's equity and statement of cash flows. Financial Statements is designed primarily to assist investors and creditors in deciding where to place their scarce investment resources. It is also used to help management to know the performance of organization. Financial statements are useful tools for evaluating both profitability and liquidity. Used separately, or in combination, the ...
The solution creates a financial statement for Pepsi and Coke.