Using the $2$ factor Return on Asset Ratio, Calculate both CocaCola's and Pepsico's Return on Assets utilizng the two factor model for $2023$ and $2022.$

Indicate which of the following answers are correct

CHOOSE ALL THAT APPLY

THE COCA$-$COLA COMPANY AND SUBSIDIARIES Pepsico, Inc. ans Subsidiaries

Years: $20232022$ Years: $20232022$

NI $408,375430,158$ NI $9,0748,910$

Sales $6,653,8586,200,957$ Sales $91,47186,392$

Assets $4,288,9423,709,545$ Assets $100,49592,187$

Coca Cola has a better overall ROA than Pepsi in $2023$ and $2022$

All of these answers are correct, with the exception that none of these are correct

Both Companies had declining ROAs between $2023$ and $2022,$ so it seems more of a systemic or market issue than company specific

Pepsi's net profit margins are better in both years $($i$.$e$.2023$ and $2022)$ than Coke's

Both Coke and Pepsi had worsening asset utilization and net profit margins between $2023$ and $2022$

None of these are correct

Both Coke and Pepsi had improving asset utilization and net profit margins between $2023$ and $2022.$

Pepsi utilizes its assets better than Coke based on the asset utilization ratio in the two factor ROA model