Key Figures ($ millions) Sales Net income Average assets Required: 1. Compute return on assets for Coca-Cola and PepsiCo. Note: Enter values in $ millions. Coca-Cola $46,542 8,634 76,448 Coca-Cola return PepsiCo return Numerator: + + PepsiCo $ 66,504 6,462 70,518 + Return on Assets Denominator: = = = = Return on Assets Return on assets

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Key Figures ($ millions)
Sales
Net income
Average assets
Required:
1. Compute return on assets for Coca-Cola and PepsiCo. A
Note: Enter values in $ millions.
Coca-Cola
$ 46,542
8,634
76,448
Coca-Cola return
PepsiCo return
Numerator:
+
PepsiCo
$ 66,504
6,462
70,518
+ +
Return on Assets
Denominator:
|||||
=
Return on Assets
Return on assets
2. Which company is more successful in its total amount of sales to consumers?
PepsiCo
Coca-Cola
3. Which company is more successful in returning net income from its assets invested?
Transcribed Image Text:Key Figures ($ millions) Sales Net income Average assets Required: 1. Compute return on assets for Coca-Cola and PepsiCo. A Note: Enter values in $ millions. Coca-Cola $ 46,542 8,634 76,448 Coca-Cola return PepsiCo return Numerator: + PepsiCo $ 66,504 6,462 70,518 + + Return on Assets Denominator: ||||| = Return on Assets Return on assets 2. Which company is more successful in its total amount of sales to consumers? PepsiCo Coca-Cola 3. Which company is more successful in returning net income from its assets invested?
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