help Problem 1-11A (Algo) Computing and interpreting return on assets...
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Problem 1-11A (Algo) Computing and interpreting return on assets LO A2 Cola Company and Pop Company both produce and market beverages that are direct competitors. Key financial figures for these businesses for a recent year follow. POP Key Figures es million) Sales Net Income Average assets cola Company $ 44,443 8,906 73,000 Company $ 63,186 6,767 67,000 Required: 1. Compute return on assets for Cola Company and Pop Company (Enter values in $ millions.) Return on Assets Choose Numerator 1 Choose Denominator: Return oft Assets Return on assets Cola Company return Pop Company retum Assets Return on assets 1 11 Cola Company return Pop Company return = 2. Which company is more successful in its total amount of sales to consumers? Pop Company Cola Company 3. Which company is more successful in returning net income rom its assets invested? Cola Company Pop Company
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