Which company had higher operating leverage

Reference no: EM13294476

In its 2009 annual report, The Coca-Cola Company reported sales of $30.99 billion for fiscal year 2009 and $31.94 billion for fiscal year 2008. The company also reported operating income (roughly equivalent to EBIT) of $8.23 billion in 2009 and $8.45 billion in 2008. Meanwhile, arch rival PepsiCo. Inc., reported sales of $43.23 billion in 2009 and $43.25 billion in 2008. PepsiCo's operating income was $8.04 billion in 2009 and $6.96 billion in 2008. Based on these figures, which company had higher operating leverage?

Reference no: EM13294476

Questions Cloud

What is the book value of the machine at the end : Calculate the annual depreciation over the useful life of the machine using the straight line depreciation method. Set up a depreciation schedule.

Define the total pressure is adjusted to barometric pressure : A small piece of zinc reacts with dilute HCl to form H2, which is collected over water at 16°C into a large flask. The total pressure is adjusted to barometric pressure (752 torr), and the volume is 1544 mL.

Why the quick ratio or acid-test ratio is a better measure : Explain why the quick ratio or acid-test ratio is a better measure of a firm's liquidity than the current ratio.

How much money is spent every day in keeping tvs turned on : There are approximately 109 million TVs in the United States. Each uses, on average, how much money is spent every day in keeping the TVs turned on

Which company had higher operating leverage : PepsiCo's operating income was $8.04 billion in 2009 and $6.96 billion in 2008. Based on these figures, which company had higher operating leverage?

State reaction mixture in a flask at a certain temperature : A reaction mixture in a 5.21 L flask at a certain temperature contains 27.1g CO and 2.32g H2. At equilibrium, the flask contains 8.63g CH3OH

What is the ratio of the radiation power of stars : Two stars with equal areas and emissivities have surface temperatures of 4,061 K and 6,078 K respectively

Calculate the difference in the future value : Calculate the difference in the future value of your investment at the end of 20 years as an ordinary annuity versus an annuity due, assuming a 10 percent interest rate.

State what is the mole fraction of h2 in the mixture : A gas mixture contains 8.10g of N2, 1.70 g of H2, and 14.70 g of CH4. what is the mole fraction of H2 in the mixture

User Account

All Pages