ProDiem 1-11A (Static) Computing and interpreting return on assets LU AZ Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow. Key Figures 15 millions) Sales Net income. Average assets Required: PepsiCo Coca-Cola $46,542 $ 66,504 8,634 76,448 6.462 70,518 1. Compute return on assets for Coca-Cola and PepsiCo. (Enter values in $ millions.) Coca-Cola retum PepsiCo retur Numerator: T Return on Assets Denominator: Return on Assels Return on assets Average total assets. Net income Sales 2. Which company is more successful in its total amount of sales to consumers? O PepsiCo O Coca-Cola 3. Which company is more successful in returning net income from its assets invested? O Coca-Cola O PepsiCo