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8 The annual reports of the Coca-Cola Co. and PepsiCo Inc. indicate the following for the year ended December 31, 2017 amounts in millions): Net
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The annual reports of the Coca-Cola Co. and PepsiCo Inc. indicate the following for the year ended December 31, 2017 amounts in millions): Net revenues Net income Total assets, January 1, 2017 Total liabilities, January 1, 2017 Total liabilities, December 31, 2017 Total stockholders' equity, December 31, 2017 Coca-Cola Co. $35, 410 1,283 87,270 64,050 68,919 18,977 PepsiCo Inc. $63,525 4.908 73,490 62,291 68,823 10,981 Required: a. Calculate ROI and ROE for each company for 2017 (Hint You will need to calculate some of the numbers used in the denominator of these ratios.) (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.11.) Coca Cola ROI ROE PepsiCo % % % Step by Step Solution
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