ACC 305 The Coca Cola Company and Pepsico Pension Plans
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Description
ACC 305 The Coca-Cola Company and Pepsico Pension Plans
The Coca-Cola Company and PepsiCo Pension Plans
Intermediate Accounting III - ACC 305
Strayer University
Abstract
The Coca-Cola Company and PepsiCo are both very large manufacturing corporations that operate worldwide. Over the years, each corporation has had a very longevity of business success. The expansion of business and brands through subsidiaries, partnerships and franchises in beverage and food products has been a consistent growth in retail sales for both corporations. With such growth, they employ thousands of employees worldwide and offer competitive benefits to include medical, life, and retirement. In 2006, both corporations adopted SFAS 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement...
