Unit 5 - Individual Project 5

Unit 5 - Individual Project 5 - Accounting Principles...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Accounting Principles 1 Running head: Accounting Principles Accounting Principles David Lee Watkins American Intercontinental University Online Professor Sunny Onyiri ACCT205-1004A-09: Principles of Accounting I September 26, 2010
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Accounting Principles 2 Introduction This paper will discuss the unusual or conflicting accounting principle that have impacted the for profit organization of the Coca-Cola Company. The financial accounting reports for the last two years show that the company is doing well. The paper will also discuss the different department functions with their individual strengths and weaknesses. Coca-Cola Company is the largest manufacturer and distributer of non-alcoholic refreshment. Coca-Cola Company The net operating revenue for the Coca-Cola Company for the year 2008 was $21,807 million and in the year 2009 it was $21,645 million. Even though there was a dip in the operating revenue in the year 2009 it did not affect the Gross Profit of the company which showed an increase of $268 million. This was a great accomplishment when in the year of 2008 the company had a net loss due to increased expenses that were incurred by the company. The Coca-Cola Company has several different departments that all work together for the
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/04/2011 for the course ACCT 205 taught by Professor Shanakoh during the Summer '10 term at AIU Online.

Page1 / 5

Unit 5 - Individual Project 5 - Accounting Principles...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online