Find the Return on Assets for Mercedes and BMW, separately, using their balance sheets. The formula for Return on Assets is:
Net Income/Total Assets.
. .II ITF 64 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} BMW Group \\ Balance Sheet \\ Dec 31, 2021 \end{tabular}} \\ \hline \multicolumn{3}{|l|}{ In millions of Euros } \\ \hline & 2021 & Percentage \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Intabgible Assets & 704 & 1.1% \\ \hline Property, plant and Equipment & 12,750 & 19.7% \\ \hline Investments & 5067 & 7.8% \\ \hline Tangible, Intangible and Investment assets & 18,511 & 28.6% \\ \hline Inventories & 7,287 & 11.3% \\ \hline Trade Receiveables & 758 & 1.2% \\ \hline Receiveables from Subsidiaries & 21,019 & 32.5% \\ \hline Other Receiveable and other assets & 4,071 & 6.3% \\ \hline Marketable Securities & 3,077 & 4.8% \\ \hline Cash and Cash Equivalents & 8,824 & 13.6% \\ \hline Current Assets & 45,036 & 69.6% \\ \hline Prepaid Expenses & 72 & 0.1% \\ \hline Surplus off pesion and similar plan assets over libalities & 1,086 & 1.7% \\ \hline Total Assets & 64,705 & 100.0% \\ \hline \multicolumn{3}{|l|}{ Equity and Liabilties } \\ \hline Subscribed Capital & 662 & 1.0% \\ \hline Capital Reserve & 2,342 & 3.6% \\ \hline Revenue reserves & 12,906 & 19.9% \\ \hline Unappropriated profit available for distribution & 3,827 & 5.9% \\ \hline Equity & 18,927 & 299.3% \\ \hline Registered profit sharing certificates & 26 & 0.0% \\ \hline Pension Provisions & 422 & 0.7% \\ \hline Other Provisions & 9,995 & 15.4% \\ \hline Provisions & 10,417 & 16.1% \\ \hline Liabilties to banks & 1 & 0.0% \\ \hline Trade Payables & 6,531 & 10.1% \\ \hline Liabilties to Subsidiaries & 24,462 & 37.8% \\ \hline Other Liabilties & 462 & 0.7% \\ \hline Liabilties & 31,456 & 48.6% \\ \hline Deferred Income & 3,879 & 6.0% \\ \hline Total Equity and Liabilities & 64,705 & 100.0% \\ \hline \end{tabular} . .II ITF 64 \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} BMW Group \\ Balance Sheet \\ Dec 31, 2021 \end{tabular}} \\ \hline \multicolumn{3}{|l|}{ In millions of Euros } \\ \hline & 2021 & Percentage \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Intabgible Assets & 704 & 1.1% \\ \hline Property, plant and Equipment & 12,750 & 19.7% \\ \hline Investments & 5067 & 7.8% \\ \hline Tangible, Intangible and Investment assets & 18,511 & 28.6% \\ \hline Inventories & 7,287 & 11.3% \\ \hline Trade Receiveables & 758 & 1.2% \\ \hline Receiveables from Subsidiaries & 21,019 & 32.5% \\ \hline Other Receiveable and other assets & 4,071 & 6.3% \\ \hline Marketable Securities & 3,077 & 4.8% \\ \hline Cash and Cash Equivalents & 8,824 & 13.6% \\ \hline Current Assets & 45,036 & 69.6% \\ \hline Prepaid Expenses & 72 & 0.1% \\ \hline Surplus off pesion and similar plan assets over libalities & 1,086 & 1.7% \\ \hline Total Assets & 64,705 & 100.0% \\ \hline \multicolumn{3}{|l|}{ Equity and Liabilties } \\ \hline Subscribed Capital & 662 & 1.0% \\ \hline Capital Reserve & 2,342 & 3.6% \\ \hline Revenue reserves & 12,906 & 19.9% \\ \hline Unappropriated profit available for distribution & 3,827 & 5.9% \\ \hline Equity & 18,927 & 299.3% \\ \hline Registered profit sharing certificates & 26 & 0.0% \\ \hline Pension Provisions & 422 & 0.7% \\ \hline Other Provisions & 9,995 & 15.4% \\ \hline Provisions & 10,417 & 16.1% \\ \hline Liabilties to banks & 1 & 0.0% \\ \hline Trade Payables & 6,531 & 10.1% \\ \hline Liabilties to Subsidiaries & 24,462 & 37.8% \\ \hline Other Liabilties & 462 & 0.7% \\ \hline Liabilties & 31,456 & 48.6% \\ \hline Deferred Income & 3,879 & 6.0% \\ \hline Total Equity and Liabilities & 64,705 & 100.0% \\ \hline \end{tabular}
