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Cola Company and Pop Company both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year

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Cola Company and Pop Company both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow. Sales Net income Key Figures ($ millions) Average assets Required: Cola Company Pop Company $ 48,704 10,320 80,000 $ 69,788 7,992 74,000 1. Compute return on assets for Cola Company and Pop Company. (Enter values in $ millions.) Cola Company return Pop Company return Return on Assets Return Numerator: Denominator: on 2. Which company is more successful in its total amount of sales to consumers? Pop Company Cola Company = Assets Return on assets 3. Which company is more successful in returning net income from its assets invested? Cola Company Pop Company

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