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Return on assets Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipitor. Ford Motor Co. (F) develops, markets, and produces automobiles
Return on assets Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipitor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. The following data (in millions) were taken from recent financial statements of each company: Net income Pfizer Ford Microsoft $21,308 $7,628 $21,204 Total assets at the beginning of the year 171,615 237,951. 193,468 < Total assets at the end of the year 171,797 257,808 241,086 Compute the return on assets for each company using the preceding data, and rank the companies' return on assets from highest to lowest. Round the return on assets to one decimal place. Pfizer Ford Return on assets Rank % % (?)
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