Verizon Communications Inc. was formed by the merger of Bell Atlantic Corporation and GTE Corporation. It is
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Verizon Communications Inc. was formed by the merger of Bell Atlantic Corporation and GTE Corporation.
It is the largest provider of wireline and wireless communication sen ices in the United States with presence in over 40 other countries. The following information was reported in the company's 2000 annual report:
Required: 1. Compute the return on assets ratio for 2000, 1999, and 1998. 2. What do the results in requirement ( 1 ) suggest about Verizon?
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