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1. Ralph Larsen, former chairman and CEO of Johnson & Johnson, was quoted in this chapter concerning the use of the Internet. Johnson & Johnson

1. Ralph Larsen, former chairman and CEO of Johnson & Johnson, was quoted in this chapter concerning the use of the Internet. Johnson & Johnson has been one of Americas premier companies for decades and has exhibited a high level of social responsibility around the world. Go to the Johnson & Johnson website at www.jnj.com. 2. Click on Our Caring. Scroll down and click on Our Credo Values. Now scroll to the bottom of the page and download the Credo as a PDF under the Our Credo link. Read the first two paragraphs and write a brief summary of the credo. Return to the home page and click on Investors. Then scroll down and click on the most recent Annual Report (Annual Report and Proxy Statements). 3. Scroll down the Annual Report until you see Consolidated Statement of Earnings for the last few years. 4. Compute the percentage change between the last two years for the following (numbers are in millions of dollars): (PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER) a. Sales to customers.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER) b. Net earnings.(PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER) c. Earnings per share. (PLEASE SHOW ALL WORK AS TO HOW YOU ARRIVED AT THE ANSWER) 5. Generally speaking, is Johnson & Johnson growing by more or less than 10 percent per year?

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