Question: Please complete a-g Financial Statement Analysis Case 2: Profitability Analysis of Joh and Phizer Inc Johnson& John Chapter 5 Pfeer Inc, is a U.S compuny
Financial Statement Analysis Case 2: Profitability Analysis of Joh and Phizer Inc Johnson& John Chapter 5 Pfeer Inc, is a U.S compuny that manufactures and distributes pharmaceutical proulucts thar are similar to those sold by Johnson & Johnson. In the following, we prnsumer bn ) profitability ratios compated in Example 5B3.I in the chapter appendix. Use these al t In the following, we present Joh of Pficer's a. If s income statements to answer the following questions: S sales are $71,890 million in 2016, which company is larger usina Johason & Johnson' measure of size? h Compute Pfzers s profit margin in 2016 and 2015 c. Compute Pfizer's return on assets in 2016 and 2015 d. Compute Pficer's return on equity in 2016 and 2015 e Compare Johnson&Johason's and Pfizer's profit margins in 2016 and 2015 E. Compare Johnson & Johnsons and Pfizer's return on assets in 2016 and 2015. e Compare Johnson& Johnsom's and Pficer's return on equity in 2016 and 2015 Pfizer Inc. (all dollars in millions) Balance Sheets (excerpts) End of Year Total assets Total stockholders' equity Statement of Earmings (excerpts) For the year Sales to customers Net earnings 2016 $171,615 $ 59,544 2016 2015 $167381 $64,720 $ 71,30 2015 2014 $167,566 2014 $52,824 $48,851$49,605 $7215 Johnson& Johnson (from Example SB. I in Appendix B) $6,960 $9,135 Profitability Measure Profit Marg Return on Assets Return on Equity 2016 23.0% 120% 226% 2015 22.0% 11.7% 21.9% Sources: Johnson&Johnson and Pfizer Surfing t
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