Accessing SEC reports and Calculating Ratios Access the 2012 financial reports at the SEC websites for Pfizer Inc. and Merck & Co., two close competitors in the pharmaceutical industry. Pfizer's financial reports are available here: Pfizer 2012 financial reports Merick's financial reports are available here: Merck 2012 financial reports 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. Round answers to two decimal places (example: 0.12345 = 12.35%). To simplify computations, use year-end balance for total assets to compute ratios. Pfizer Merck Return on assets (ROA) % % Profit margin (PM) % % Asset turnover (AT)