A number of years ago, Chevron and Texaco merged. The transaction totaled $45 billion; the merged company functions under the name Chevron.
a. Go to www.finance.yahoo.com
b. Type "chev" into the symbol box.
c. You will need to access both the Income Statement and the Balance Sheet. By what percentage did the following change for the three years showing?
1. Total revenue
2. Net income
3. Total stockholders' equity
d. Compute the following for each of the three years. (You do not need to show your steps - just provide the answer.) 1. Net income to total revenue
2. Net income to tangible net assets.
e. In your opinion, how does Chevron appear to be doing since the merger? Please answer each section and show you work.