Pepsicos operating profit was 644 billion in 2006 and 592


In its 2006 annual report, The Coca-Cola Company reported sales of $24.09 billion for fiscal year 2006 and $23.10 billion for fiscal year 2005. The company also reported operating income (roughly equivalent to EBIT) of $6.31 billion, and $6.09 billion in 2005 and 2006, respectively.

Meanwhile, arch-rival PepsiCo, Inc. reported sales of $35.14 billion in 2006 and $32.56 billion in 2005.

PepsiCo's operating profit was $6.44 billion in 2006 and $5.92 billion in 2005. Based on these figures, which company had higher operating leverage?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Pepsicos operating profit was 644 billion in 2006 and 592
Reference No:- TGS01731064

Expected delivery within 24 Hours