10. Statement of Cash Flows Indicators (Pg. 11) 1> True or False? By looking at the Cash Flow to Capital Expenditure Ratio it can be seen that J\&.J was able to internally fund the purchases of Fixed Assets in Fiscal 2021 and in Fiscal 2020. ["x"onlyoneanswer] True False 2> In which fiscal year, 2021 or 2020 , did J\&J have more Free Cash Flow? ["x"onlyoneanswer]20212020 (Quality of Income Ratio) Cash Flow to Net Income Ratio Net Cash Flows from Operating Activities Net Earnings (Cash Flow Adequacy Ratio) Cash Flow to Capital Expenditures Ratio Net Cash Flows from Operating Activities Net Cash Paid to Purchase PP\&E Free Cash Flow Net Cash Flows from Operating Activities Net Cash Paid to Purchase PP\&E Cash Dividends Pay Free Cash Flow 7.03 $9,708 11. Equity Investor Indicators (Pg. 12) 1> True or False? Based on the Dividend Payout \% it can be seen that J\&J paid out a larger percent of Net Income, in the form of Cash Dividends, in Fiscal 2021 than in Fiscal 2020. [ " x " only one answer] True False 2> Based on the Price-Earnings Ratio, in which fiscal year, 2021 or 2020, did investors place a higher value on J\&J's earnings? ["x"onlyoneanswer]20212020 3> Based on the Dividend Yield \%, in which fiscal year, 2021 or 2020, did an investor in J\&J's Common Stock earn a higher return from the cash dividends she received on her J\&J Common Stock? ["x"onlyoneanswer]20212020 Year-End Closing Market Price of 1 Common Share The Year-End Closing Market Price of 1 share of J\&'S Common Stock is not given in J\&/'S annual report. The Year-End Closing Market Price is used in the two calculations below. The last day in J\&J's 2021 fiscal year was Sunday, Jan. 2, 2022. J\&J's common stock trades on the New York Stock Exchange (NYSE) and the NYSE is not open on weekends or holidays. Thus J\&J's year-end closing price is as of Friday, Dec 31, 2021. On Dec 31, 2021. J8J's common stock closed at \$171.07 Enter that price in the box below. 2021 Year-End Closing Market Price of 1 Common Share