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204 Cola Company and Pop Company both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year
204 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 Key Figures (5 millions) Sales Net income Average assets Required: Cola Company Pop Company $44,443 8,906 73,000 $ 63,186) 6,767 67,000 1. Compute return on assets for Cola Company and Pop Company (Enter values in $ millions.) ences Numerator: Cola Company return Pop Company return Return on Assets Denominator: Return on Assets Return on assets 2. Which company is more successful in its total amount of sales to consumers? O Pop Company O Cola Company 3. Which company is more successful in returning net income from its assets invested? O Cola Company O Pop Company
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