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Explain the company's ROA changes using the ROA profit driver analysis. The Coca-Cola Company's return on assets (ROA), net profit margin for ROA, and total
Explain the company's ROA changes using the ROA profit driver analysis.
The Coca-Cola Company's return on assets (ROA), net profit margin for ROA, and total asset turnover for the past two years. :
$ Millions | 2015 | 2014 |
Total Sales | 44,294 | 45,998 |
Total Assets | 90,093 | 92,023 |
Net Profit | 7,366 | 7,124 |
Return On Assets | 8.18% | 7.74% |
Net Profit Margin | 16.63% | 15.49% |
Total Asset Turnover | 0.49 | 0.50 |
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