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The annual reports of the Coca-Cola Co. and PepsiCo Inc. indicate the following for the year ended December 31, 2017 (amounts in millions): Coca-Cola Co.

The annual reports of the Coca-Cola Co. and PepsiCo Inc. indicate the following for the year ended December 31, 2017 (amounts in millions):

Coca-Cola Co. PepsiCo Inc.
Net revenues $ 35,410 $ 63,525
Net income 1,283 4,908
Total assets, January 1, 2017 87,270 73,490
Total liabilities, January 1, 2017 64,050 62,291
Total liabilities, December 31, 2017 68,919 68,823
Total stockholders' equity, December 31, 2017 18,977 10,981

Required: a. Calculate ROI and ROE for each company for 2017. (Hint: You will need to calculate some of the numbers used in the denominator of these ratios.) (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).) c. Calculate the debt ratio and debt/equity ratio for each firm at the end of 2017. (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).)

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