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Accessing SEC reports and Calculating Ratios Access the 2012 financial reports at the SEC websites for Pfizer Inc. and Merck & Co., two close competitors

Accessing SEC reports and Calculating Ratios Access the 2012 financial reports at the SEC websites for Pfizer Inc. and Merck & Co., two close competitors in the pharmaceutical industry. Pfizer's financial reports are available here: Pfizer 2012 financial reports Merick's financial reports are available here: Merck 2012 financial reports

Use data from the companies' balance sheets and income statements to complete the following table.

$ millionsPfizerMerckTotal assetsRevenueNet income

$Millions Pfizer Merck

Total assets $0 0
Revenue 0 0
Net income 0 0

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 assets to compute ratios.

Pfizer Merck

Return on assets (ROA) 0% 0%
Profit margin (PM) 0% 0%
Asset turnover (AT) 0 0

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