I expect that the government may soon be printing $10,000 bank notes enough to purchase a king sized 6oz soda in vending machines
No one seems to know exactly what it costs to make a 12 oz can of Coke, and I certainly don’t, but according to an article published by ICSID, The International Centre for Settlement of Investment Disputes a business and design blog in April 2022, the total cost to produce a can of Coke is about 26 cents which includes the cost of raw materials, packaging and shipping – but not advertising. Coca-Cola averages about 4 billion dollars a year on advertising worldwide according to Statista. I share all this to emphasize that Coke is a very profitable $43 billion company that is projected a 4-5% higher profit in 2023 than it was in 2022. It’s gross margin as reported by Barron’s is 57.91%.
Oops, they forgot dusting the shelves.
wy69