Presented below are summary financial data from the Bristol-Myers Squibb 2015 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following ratios: return on equity, return on assets (levered), return on sales (levered), asset turnover, and financial leverage. Does the company appear to be a good investment? Why or why not?

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(amounts in millions) 2015 2014 Balance sheet Total assets $31,748 $33,749 Shareholders' equity 14,424 14,988 Income statement Net sales $16,560 $15,879 Net income. 1,631 2,029