reports a profit of 2.2 billion in the third quarter. The world’s largest drink manufacture profit is 9% more then the same quarter last year. The revenue grew to $12.3 billion, a 45% increase from last year. The increase in revenue is due to the increase of price in a coke and its purchase of North American Bottle companies. Globally, Coca-Cola’s sales rose by 5%. Regionally it grew 5% in North America, 2% in Europe and 7% in China. The large rise in China was due the large investment coke invested in China. Coke invested another 4 billion in China recently. Rising product prices has eaten at cokes profit, so they raised their sale price by 2% to cover the price. Coke is also investing more in India and South America where the market is drastically growing. Sales in India and South America out preformed Europe and North America combined. Cokes plans to continue to invest in the drink market to continue to be the leader in the world drink market
If Coke continues to invest the growing markets of China, India and South America they will slowly take over the market, causing smaller companies to have trouble to succeed in the market that Coca-Cola has control of.
This shows us that Coke will continue to lead the drink market. Coke is already very liquid (ironic) with high profits. Coke will just continue to increase profits and assets as it expands. By investing in China, India, and South America Coke will only increase revuene in the long run. Not only will this increase its profits but it will increase its brand image by expanding its product to new places.Cokes financial accountants are finding ways to maximizes its profits in the long run by continuing to invest and expand. Coke is certainly on its way to taking over the market through the help of its financial accounting department and marketing.