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).

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

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