Question: The operating profits from 2012 to 2014 reported by each of Johnson & Johnsons primary business segments are provided below. Sales numbers for each of

The operating profits from 2012 to 2014 reported by each of Johnson & Johnson€™s primary business segments are provided below. Sales numbers for each of the segments are provided in BE5€“2 of the Brief Exercises section of this chapter (dollars in millions).

2014 2013 2012 Consumer $ 1,941 $1,973 9,178 $1,693 6,075 Pharmaceutical Medical devices 11,696 7,187 5,261 7,953

REQUIRED:
a. Which of the segments is the most profitable as a percentage of sales?
b. Which of the segments reports the fastest growth in profitability?

2014 2013 2012 Consumer $ 1,941 $1,973 9,178 $1,693 6,075 Pharmaceutical Medical devices 11,696 7,187 5,261 7,953

Step by Step Solution

3.45 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Based on the 2014 numbers the Pharmaceutical unit generate... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Financial Accounting Questions!