#22 C unanswered Suppose that Coca-Cola decides introduce a new diet soft drink in the market. The product is expected t

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22 C Unanswered Suppose That Coca Cola Decides Introduce A New Diet Soft Drink In The Market The Product Is Expected T 1 (20.47 KiB) Viewed 76 times

#22 C unanswered Suppose that Coca-Cola decides introduce a new diet soft drink in the market. The product is expected to sell well but it will likely reduce the sales of some of their other products. Analysts expect that the other diet drinks that Coke sells will lose $21.00 million in sales per year. The after-tax operating margin on sales for Coke is 20.00%. What is the yearly side effect for introducing the new product? (Express as positive number and answer in terms of MILLIONS, so 1,000,000 would be 1.00) not_submitted Attempts Remaining: Infinity Submit Answer format: Currency: Round to: 2 decimal places.