Question: Johnson & Johnson Requirement 1: Calculate the Return on Assets (ROA) for Johnson & Johnson using the following information: Net Income: $5,000,000 Total Assets: $50,000,000

  1. Johnson & Johnson
    • Requirement 1: Calculate the Return on Assets (ROA) for Johnson & Johnson using the following information:
      • Net Income: $5,000,000
      • Total Assets: $50,000,000
  2. Requirement 2: Prepare a comparative balance sheet for Johnson & Johnson, highlighting changes in key asset and liability categories over two years.
  3. Requirement 3: Compute the Debt Ratio for Johnson & Johnson using the formula: Debt Ratio = Total Debt / Total Assets.
  4. Requirement 4: Analyze Johnson & Johnson's cash flow from operating activities and its impact on liquidity.
  5. Requirement 5: Discuss how Johnson & Johnson adheres to the matching principle in expense recognition.

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