Johnson & Johnson
 Data for the year ended December 31, 2023:

Item	Amount
Total Assets	$2,300,000,000
Total Liabilities	$1,600,000,000
Shareholders' Equity	$700,000,000
Revenue	$1,200,000,000
Operating Expenses	$700,000,000

Requirements:

1. Calculate Johnson & Johnson's debt-to-equity ratio.
2. Determine Johnson & Johnson's net profit margin.
3. Analyze the impact of total assets on Johnson & Johnson's financial leverage.
4. Discuss how Johnson & Johnson recognizes revenue from pharmaceutical sales.
5. Evaluate Johnson & Johnson's financial health using the return on investment (ROI).
6. Explain the role of the Income Measurement Objective in Johnson & Johnson's financial strategy.