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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.
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. Key Figures ($ millions) Sales Net income Average assets Cola Company $ 40,790 7,772 67,000 Cola Company return Pop Company return Pop Company $57,528 5,795 61,000 Required: 1. Compute return on assets for Cola Company and Pop Company. Note: Enter values in $ millions. Choose Numerator: Return on Assets 1 1 Choose Denominator: = ||| || Return on Assets Return on assets
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