10. Statement of Cash Flows Indicators (Pg. 11) Click Here to Unlock 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 2018 and in Fiscal 2017. [ "X" only one answer] [ True False 2> In which fiscal year, 2018 or 2017, did J&J have more Free Cash Flow? ["x" only one answer ] [ 2018 2017 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 2018 than in Fiscal 2017. ["x" only one answer] True False 2> Based on the Price-Earnings Ratio, in which fiscal year, 2018 or 2017, did investors place a higher value on J&J's earnings? ["x" only one answer ] [ 2018 2017 3> Based on the Dividend Yield %, in which fiscal year, 2018 or 2017, 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" only one answer ] [ 2018 2017 2018 Year-End Closing Market Price of 1 Common Share: $127.27 $xx.xx 2018 2017 (PE Ratio) Price-Earnings Ratio Cash Dividend Per Common Share For the Year $xx.xx $127.27 1291.08 22.33 times XX.XX Net earnings per share Basic L $5.70 $XX.XX Dividend Yield % Cash dividends per share $xx.xx $3.54 2.78 % XX.XX% 2.38 % 2018 Year End Closing Market Price Of 1 Common Share $127.27 $XX.XX 2018 2017 (Quality of Income Ratio) Cash Flow to Net Income Ratio Net Cash Provided By Operation Activites $XXX.XXX $22,201 1.45 to 1 XX.XX L 16.20 Net Earnings $15,297 $xxx,XXX (Cash Flow Adequacy Ratio) Cash Flow to Capital Expenditures Ratio Net Cash Provided By Operating Activities $XXX.XXX $22,201 6.42 Net Cash Paid to Purchase PP&E 6.05 to 1 XX.XX $3,670 $xxx,xxx . - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Free Cash Flow Net Cash Provided by Operating Activities Net Cash Paid to Purchase PP&E Cash Dividends Paid Free Cash Flow $XXX.XXX $22,201 (3,670) (9,494) $9,037 ,494) $8,834 10. Statement of Cash Flows Indicators (Pg. 11) Click Here to Unlock 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 2018 and in Fiscal 2017. [ "X" only one answer] [ True False 2> In which fiscal year, 2018 or 2017, did J&J have more Free Cash Flow? ["x" only one answer ] [ 2018 2017 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 2018 than in Fiscal 2017. ["x" only one answer] True False 2> Based on the Price-Earnings Ratio, in which fiscal year, 2018 or 2017, did investors place a higher value on J&J's earnings? ["x" only one answer ] [ 2018 2017 3> Based on the Dividend Yield %, in which fiscal year, 2018 or 2017, 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" only one answer ] [ 2018 2017 2018 Year-End Closing Market Price of 1 Common Share: $127.27 $xx.xx 2018 2017 (PE Ratio) Price-Earnings Ratio Cash Dividend Per Common Share For the Year $xx.xx $127.27 1291.08 22.33 times XX.XX Net earnings per share Basic L $5.70 $XX.XX Dividend Yield % Cash dividends per share $xx.xx $3.54 2.78 % XX.XX% 2.38 % 2018 Year End Closing Market Price Of 1 Common Share $127.27 $XX.XX 2018 2017 (Quality of Income Ratio) Cash Flow to Net Income Ratio Net Cash Provided By Operation Activites $XXX.XXX $22,201 1.45 to 1 XX.XX L 16.20 Net Earnings $15,297 $xxx,XXX (Cash Flow Adequacy Ratio) Cash Flow to Capital Expenditures Ratio Net Cash Provided By Operating Activities $XXX.XXX $22,201 6.42 Net Cash Paid to Purchase PP&E 6.05 to 1 XX.XX $3,670 $xxx,xxx . - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Free Cash Flow Net Cash Provided by Operating Activities Net Cash Paid to Purchase PP&E Cash Dividends Paid Free Cash Flow $XXX.XXX $22,201 (3,670) (9,494) $9,037 ,494) $8,834