ASFinancial_Statement_Analysis_Final_Paper.docx Financial Statement Analysis Final Paper Principles of Accounting ACC205 Overview The paper will delve into three companies' financials. It will examine three compani
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ASFinancial_Statement_Analysis_Final_Paper.docx Financial Statement Analysis Final Paper Principles of Accounting ACC205 Overview The paper will delve into three companies' financials. It will examine three companies Coca Cola, Keurig Dr. Pepper, and the Pepsi Company. To create balance and fairness, this paper will examine 2019 when it comes to the financials. The use of charts will allow for a visual definition of what transpired in 2019 in the beverage industry. Looking at each company's current ratio, quick ratio, gross profit percentage, inventory turnover ratio, accounts receivable turnover, and assets turnover ratio shows how they stack up against each other. The Coca Cola company was founded in 1892 in Atlanta, Georgia and produces more than 500 different drinks in over 200 countries (CocaCola, nd) and is the king of the beverage industry, making up 42.5% of the beverage industry(Maverick, 2020). While Coca-Cola is the world's largest non-alcoholic beverage company, they have tough competition in PepsiCo, Red Bull, Nestlé, Suntory, Keurig Dr. Pepper, Danone, Unilever, Britvic, Jacobs Douwe Egberts, and Monster Beverage Corporation (Bhasin, 2020).The produces mostly non-alcholoic drinks with their headquarters still in their founding city and state of Atlanta, Georgia. Keurig Dr. Pepper was founded in 1981, but Dr. Pepper has been around way before Keurig. In fact, Dr. Pepper is the oldest soft drink manufactured in 1885 in Waco, Texas (Dr. Pepper, nd). As a beverage company, Keurig started by producing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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