Verizon Communications Inc. was formed by the merger of Bell Atlantic Corporation and GTE Corporation in 2000. It is the largest provider of wireline and wireless communication services in the United States with presence in over 150 other countries. The following information was reported in the company€™s 2006 annual report:

Required:
1. Compute the return on assets ratio for 2006, 2005, and 2004.
2. What do the results in requirement (1) suggest aboutVerizon?

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2006 2004 7,3977,831 S 3,077 168,130 65,958 165.968 2005 2003 Net income 6,197 Total assets