Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171.797 Net income. Total assets at the beginning of the year...... Total assets at the end of the year. Ford $ 7,628 237,951 257.808 Microsoft $ 21,204 193,468 241.086

Pfizer Inc. (PFE) discovers, produces, and distributes medicines, including Celebrex and Lipi- tor. Ford Motor Co. (F) develops, markets, and produces automobiles and trucks. Microsoft Corporation (MSFT) develops, produces, and distributes a variety of computer software and hardware products including Windows, Office, Excel, and the Xbox. 1. Without computing the return on assets, rank from highest to lowest Pfizer, Ford, and Microsoft in terms of their return on assets. 2. The following data (in millions) were taken from recent financial statements of each company: Pfizer $ 21,308 171,615 171.797 Net income. Total assets at the beginning of the year...... Total assets at the end of the year. Ford $ 7,628 237,951 257.808 Microsoft $ 21,204 193,468 241.086

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.6.2MBA: Return on assets ExxonMobil Corporation (XOM) explores, produces, and distributes oil and natural...

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