Question
a. Use data from the companies' balance sheets and income statements to complete the following table. $ millionsPfizerMerckTotal assets$$RevenueNet income b. Compute the ROA and
a. Use data from the companies' balance sheets and income statements to complete the following table.
$ millionsPfizerMerckTotal assets$$RevenueNet 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 assetsto compute ratios.
PfizerMerckReturn on assets (ROA)%%Profit margin (PM)%%Asset turnover (AT)
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Comparative International Accounting
Authors: Christopher Nobes, Robert Parker
13th edition
1292081902, 1292081908, 9781292081960 , 1292081961, 978-1292081908
