Business, 20.09.2020 15:01, svarner2001

ExxonMobil Corporation (XOM) explores, produces, and distributes oil and natural gas. The Coca-Cola Company (KO) produces and distributes soft drink beverages, including Coke. Wal-Mart Stores, Inc., (WMT) operates retail stores and supermarkets.1. The following data (in millions) were taken from recent financial statements of each company: ExxonMobil Coca-Cola WalMart Net income $19,710 $1,248 $10,523 Total assets at the beginning of the year 330,314 87,270 198,825 Total assets at the end of the year 348,691 87,896 204,572ExxonMobil Corporation (XOM) explores, produces, and distributes oil and naturalCompute the return on assets for each company using the preceding data, and rank the companies' return on assets from highest to lowest. Round the return on assets to one decimal place.2. Analyze and explain the rankings in (2).

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:30, mahagonylabeyta

Which of the following is an example of the use of fiscal policy by the u. s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t

Answers: 1

continue

Business, 21.06.2019 21:00, live4dramaoy0yf9

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Answers: 1

continue

Business, 21.06.2019 21:30, szambrana

You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free cheetos. the company stock is expected to earn a 14% annual return; however, 5 years later it is only worth $20,000. turns out there wasn't as much demand for fat and carb-free cheetos as you had hoped. what is the annual rate of return on your investment?

Answers: 1

continue

Business, 22.06.2019 00:00, kyllow5644

Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.

Answers: 1

continue

Do you know the correct answer?

ExxonMobil Corporation (XOM) explores, produces, and distributes oil and natural gas. The Coca-Cola...