Problem $4-13($Static$)$ Use of ratios to compare two companies in the same industry $[$LO$4-10]$

Presented below are condensed financial statements adapted from those of two actual companies competing in the pharmaceutical industry$-$Johnson and Johnson and Pfizer, Incorporated $(\backslash$$ in millions, except per share amounts$).$

$*$This is before income from discontinued operations.

Evaluate and compare the two companies by responding to the following questions.

Note: Because two$-$year comparative statements are not provided, you should use year$-$end balances in place of average balances as appropriate.

Required:

$1.$ For both companies, compute the ratios below.

Note: Consider $365$ days a year. Do not round intermediate calculations. Round "Asset Turnover" answers to $\backslash (\backslash$mathbf$\{3\}\backslash )$ decimal places, average days to whole numbers, and other final answers to $\backslash (\backslash$mathbf$\{2\}\backslash )$ decimal places.