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:   

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Key Figures ($ millions) Sales Net income Average assets Required: 1. Compute return on assets for Cola Company and Pop Company. Note: Enter values in $ millions. Cola Company return Pop Company return Cola Company Pop Company $ 61,300 6,435 65,000 $ 43,225 8,520 71,000 Numerator: + + + + Return on Assets Denominator: = = 11 = = Return on Assets Return on assets Key Figures ($ millions) Sales Net income Average assets Required: 1. Compute return on assets for Cola Company and Pop Company. Note: Enter values in $ millions. Cola Company return Pop Company return Cola Company Pop Company $ 61,300 6,435 65,000 $ 43,225 8,520 71,000 Numerator: + + + + Return on Assets Denominator: = = 11 = = Return on Assets Return on assets

Answer rating: 100% (QA)

Return on Assets Numerator Cola Company return 6435 Pop Company return 1000 Denomin... View the full answer