DuPont identity. For the firms in the popup window, 3, find the return on equity using the three components of the DuPont identity: operating efficiency, as measured by the profit margin (net income/sales); asset management efficiency, as measured by asset turnover (sales/total assets); and financial leverage, as measured by the equity multiplier (total assets/total equity). 3. First, find the equity of each company The equity for PepsiCo is S The equity for Coca-Cola is $ The equity for McDonald's is $ Next, calculate the three components of the DuPont identity The profit margin for PepsiCo is The profit margin for Coca-Cola is The profit margin for McDonald's is The asset turnover for PepsiCo is The asset turnover for Coca-Cola is The asset turnover for McDonald's is million. (Round to the nearest million dollars.) million. (Round to the nearest million dollars.) million. (Round to the nearest million dollars.) %, (Round to two decimal places.) 96. (Round to two decimal places.) %. (Round to two decimal places.) (Round to four decimal places.) (Round to four decimal places.) (Round to four decimal places.) The equity multiplier for PepsiCo is The equity multiplier for Coca-Cola is The equity multiplier for McDonald's is Last, use the three components of the DuPont identity to find the ROE. The ROE for PepsiCo is The ROE for Coca-Cola is The ROE for McDonald's is (Round to four decimal places.) (Round to four decimal places.) (Round to four decimal places.) %. (Round to two decimal places.) %. (Round to two decimal places.) %. (Round to two decimal places.) "While McDonald's is the most operationally efficient and Pepsi the most efficient in management, Pepsi is the best to its shareholders because it has effectively utilized a very high financial leverage strategy, using debt and not shareholder earnings to finance the profits of the firm." Is the above statement true or false? (1) Select from the drop-down menu.) 3: Data Table Financial Information ($ in millions, 2013) Net IncomeTotal Assets Company PepsiCo Coca-Cola McDonald's Sales $66,474 $46,722 $28,056 S6,767 S8,559 $5,703 $77,488 $90,085 $36,586 Liabilities $53,140 $56,850 $20,571 (1) O True O False