Question: AAccessing SEC reports and Calculating Ratios Access the 2015 financial reports at the SEC website for Pfizer Inc. and Merck & Co., two close competitors
AAccessing SEC reports and Calculating Ratios Access the 2015 financial reports at the SEC website for Pfizer Inc. and Merck & Co., two close competitors in the pharmaceutical industry.
a. Use data from the companies’ balance sheets and income statements to complete the following table.
$ millions Pfizer Merck Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b. Compute the ROA and the components for profit margin and asset turnover for each company. How do the ratios compare?
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