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Well if you want to ignore things like advertising and other administrative expenses (which are necessary when running a global beverage company), you will stil
by greatwave1 3y ago
Well if you want to ignore things like advertising and other administrative expenses (which are necessary when running a global beverage company), you will still find that their Costs of Goods Sold is 40% of their revenue: https://investors.coca-colacompany.com/filings-reports/all-sec-filings/content/0000021344-23-000024/0000021344-23-000024.pdf https://investors.coca-colacompany.com/filings-reports/all-s...
Again, materially different from asking for money in exchange for nothing.