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Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow Key Figures

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Coca-Cola and PepsiCo both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow Key Figures ($ millions) Sales Net income Average assets Coca-Cola $46,542 8,634 76,448 PepsiCo $66,504 6,462 70,518 Required: 1. Compute return on assets for Coca-Cola and PepsiCo. (Enter values in $ millions.) Return on Assets Choose Numerator: Choose Denominator: Return on Assets Return on assets Coca-Cola retum PepsiCo retum 1 1

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