(SOLVED) Johnson Johnson s 2012 financial statements include the following items


Question Description:

$19

Johnson & Johnson’s 2012 financial statements include the following items (all dollars in millions):
Compute the following ratios and comment on the trend you can observe from the limited two years of data you have available.
a. Gross profit rate.
b. Net income as a percentage of sales.
c. Current ratio?

Answer

$19