Business, 02.09.2021 04:00 soccer816

Check my work 5
Problem 1-11A (Static) Computing and interpreting return on assets LO A2
3
points
Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures for these businesses for
a recent year follow.
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Key Figures (5 millions) Coca-Cola Pepsico
Sales
$ 46,542 $ 66,504
Net Income
8,634 6,462
Average assets
76,448 70,518
Required:
1. Compute return on assets for Coca-Cola and PepsiCo. (Enter values in 5 millions.)
References
Numerator:
het income

Return on Assets
Denominator:
Average total assets
Return on Assets
Return on assets
0
1
Coca-Cola return
PepsiCo return
=

Answers: 1

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Check my work 5
Problem 1-11A (Static) Computing and interpreting return on assets LO A2

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