Analyzing Financial Statement Data. Presented below are summary financial data from the 2015 Johnson & Johnson annual report. (amounts in millions) 2015 2014 Balance sheet Total assets $137,411 $134,358 83,150 81,752 Shareholders' equity Income statement Net sales $82,074 $86,331 16,909 17,823 Net income Using the ratio definitions from Exhibit 4.6, calculate the following ratios: return on equity, return on assets (levered), return on sales (levered), asset turnover, and financial leverage. Round all answers to two decimal places. 2015 2014 Return on equity 20 % x 20 % x Return on assets (levered) 220 % X 20 % X Return on sales (levered) 2 % x 0 % X Asset turnover 20 X 220 X Financial leverage 20 x 20 x