Coca-Cola Co. Pepsico Inc. $35.410 1,283 Net revenues $63,525 Net income 4,908 Total assets, January 1, 2017 87,270 73,490 Total liabilities, January 1, 2017 64,050 62,291 Total liabilities, December 31, 2017 68,919 68,823 Total stockholders' equity, December 31, 2017 18,977 10,981 Required: a. Calculate ROI and ROE for each company for 2017. (Hint: You will need to calculate some of the numbers used in the denominator of these ratios.)
Coca-Cola Co. Pepsico Inc. $35.410 1,283 Net revenues $63,525 Net income 4,908 Total assets, January 1, 2017 87,270 73,490 Total liabilities, January 1, 2017 64,050 62,291 Total liabilities, December 31, 2017 68,919 68,823 Total stockholders' equity, December 31, 2017 18,977 10,981 Required: a. Calculate ROI and ROE for each company for 2017. (Hint: You will need to calculate some of the numbers used in the denominator of these ratios.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How do you calculate average total assets when your annual report only shows the beginning of the year assets? I need average total assets to calculate ROI.
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