Coca-Cola Company is an international manufacturing firm that produces non-alcoholic drinks. It is one of the leading corporations that dominate the beverage industry in the world. The Company’s products are widespread across the entire globe. As such, the organization has a substantial operating capital. The chairman of the corporation is Muhtar Kent while James Quincey is the Chief Executive Officer. The number of employees in the company is 61,800 who are distributed in various subsidiaries. In 2017, the corporation made total revenue of $35 billion with an operating income of $7.5 billion (Dow 2018). The total assets of the company are $ 87.9 billion. The firm made a net income of $1.25 billion in 2017. However, due to the increased operational costs and the stiff competition from other firms, the sales revenues for the company have tremendously reduced over the past five years.
According to the Wall Street Journal, the sales revenue for the Coca-Cola Company has exponentially reduced since 2013. The article is closely associated with the normal distribution statistical practice as indicated by the graphs. The revenue in the 2013 financial year was 46.763 billion dollars. In 2014, the income reduced to 46.003 billion representing a 1.63 percent decline (Dow 2018). In 2015, the generated income was 43.7 billion while in 2016 the revenues decreased to 41.379 billion (Dow 2018). The sales growth for the company has also reduced over the past five years with a significant decline being witnessed in the 2017 fiscal year. The costs of goods sold by the Coca-Cola Company have exponentially reduced from 18.4 billion in 2013 to 13.3 billion dollars in 2017 (Dow 2018). Asset depreciation costs have also decreased from 0.17 billion in 2013 to 0.1150 billion in 2017 (Dow 2018).
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The statistical representation of the sales revenues can be used to warn the future danger that my organization is bound to face. For instance, if the sales revenue for the company is continually reducing, then the firm must develop new products or improve the existing goods to bolster the sales income.
References
Dow, J., (2018). Coca-Cola Co. News Corp Company. The Wall Street Journal . Retrieved from: https://quotes.wsj.com/KO/financials/annual/income-statement
