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