Using the following documents:

-The balance sheet, income statement, and cash flow statement from the most recent fiscal quarter (from Mergent Online for Johnson & Johnson

-The Ratios Most Recent Fiscal Qtr worksheet in the Financial Formulas workbook.

- The Ratios Same Fiscal Qtr 1 Year Ago worksheet in the Financial Formulas workbook

For example, if the most recent fiscal quarter available is the third quarter in 2022, you'll compare those results to the same financial calculations from the third quarter in 2021.

Use the documents to calculate key financial ratios.

1. Financial Calculations.Calculate accurate financial formulas to assess the business's current financial health. Specifically, calculate the following formulas using theRatios Most Recent Fiscal Qtrand theRatios Same Fiscal Qtr 1 Year Agoworksheets in the Project Two Financial Formulas workbook:
   1. Working capital
   2. Current ratio
   3. Debt ratio
   4. Earnings per share
   5. Price/earnings ratio
   6. Total asset turnover ratio
   7. Financial leverage
   8. Net profit margin
   9. Return on assets
   10. Return on equity

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