Brief Exercise 9-16 a-b The Coca-Cola Company and PepsiCo reported the following selected ratios in a recent year: Return on assets Asset turnover The Coca-Cola Company 7.8 % 0.5 times PepsiCo 8.8 % 0.9 times Identify which company has the better (1) return on assets ratio and (2) asset turnover ratio. (1) has a better return on assets ratio. (2) has a better asset turnover ratio. Based on these two ratios, calculate the profit margin of each company. (Round answers to 1 decimal place, e.g. 52.7.) The Coca-Cola Company % PepsiCo ay % Which one has the better profit margin? has a better profit margin