Question: Refer to the 1 0 - K for Johnson & Johnson. Required: 1 . What does the company report for the following accounts for the
Refer to the K for Johnson & Johnson.
Required:
What does the company report for the following accounts for the most current fiscal year:
Enter your answer in millions.
a Cash and cash equivalents $fill in the blank
b Shortterm investments $fill in the blank
c Total assets $fill in the blank
also called 'Marketable securities
Assume that the company projects the following:
Cash and cash equivalents will decrease by
Shortterm investments will increase by
Total assets will increase by
Assume that all other items remain unchanged from the prior year. Provide the next years forecasted balances for the above accounts.
Round your answer to the nearest million.
a Cash and cash equivalents $fill in the blank
b Shortterm investments $fill in the blank
c Total assets $fill in the blank
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