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Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171.797 Net income. Total assets at the beginning of the year...... Total assets at the end of the year. Ford $ 7,628 237,951 257.808 Microsoft $ 21,204 193,468 241.086

Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171.797 Net income. Total assets at the beginning of the year...... Total assets at the end of the year. Ford $ 7,628 237,951 257.808 Microsoft $ 21,204 193,468 241.086

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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MBA 1-5 Return on assets Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171,797 Net income... Total assets at the beginning of the year...... Total assets at the end of the year.. Ford $7,628 237,951 257,808 Microsoft $ 21,204 193,468 241,086 Compute the return on assets for each company using the preceding data, and rank the companies' return on assets from highest to lowest. Round the return on assets to one decimal place. 3. Analyze and explain the rankings in (2).
Transcribed Image Text:MBA 1-5 Return on assets Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171,797 Net income... Total assets at the beginning of the year...... Total assets at the end of the year.. Ford $7,628 237,951 257,808 Microsoft $ 21,204 193,468 241,086 Compute the return on assets for each company using the preceding data, and rank the companies' return on assets from highest to lowest. Round the return on assets to one decimal place. 3. Analyze and explain the rankings in (2).
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