Cola Company and Pop Company both produce and market beverages that are direct competitors. Key...
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Cola Company and Pop Company both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow: Key Figures ($ millions) Sales Net income Average assets Cola Company Pop Company $ 49,313 10,530 81,000 $ 70,731 8,175 75,000 Required: 1. Compute return on assets for Cola Company and Pop Company. (Enter values in $ millions.) Cola Company return Pop Company return Numerator: Return on Assets Denominator: Return on Assets = Return on assets = 2. Which company is more successful in its total amount of sales to consumers? Cola Company Pop Company 3. Which company is more successful in returning net income from its assets invested? Cola Company Pop Company
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