ExxonMobil Corporation explores, produces, and distributes oil and natural gas. The Coca-Cola Company produces and distributes soft drink beverages, including Coke. Walmart Stores, Inc., operates retail stores and supermarkets.
1. Without computing the rates of return on total assets, rank from highest to lowest ExxonMobil, Coca-Cola, and Walmart in terms of their rates of return on total assets.
2. The following data (in millions) were taken from recent financial statements of each company.

Compute the rates of return for each company using the preceding data, and rank the companies€™ rates of return from highest to lowest. Round the rates of return to one decimal place.
3. Analyze and explain the rankings in(2).

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Pfizer Ford Microsoft Income before taxes and interest Total assets at the beginning of the year... Total assets at the end of the year 12,762 13,112 S 22,267 164,687 108,704 $188,002 $178,348 $121,271 195,014 __.. .-