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

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.1MBA
icon
Related questions
Question
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?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Risk Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning