Coca-Cola Co. Pepsico Inc. $35.410 1,283 Net revenues $63,525 Net income 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.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How do you calculate average total assets when your annual report only shows the beginning of the year assets? I need average total assets to calculate ROI

Coca-Cola Co.
Pepsico Inc.
$35.410
1,283
Net revenues
$63,525
Net income
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.)
Transcribed Image Text:Coca-Cola Co. Pepsico Inc. $35.410 1,283 Net revenues $63,525 Net income 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.)
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