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12:11X 1.1.1.2.1.3 11.2.1.3.. .4.51.6 .3 9 10 11 Styles 13 12 5 14 Editing 15 16 Voice1 17 18 Johnson and Johnson Fiscal Year Ending

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12:11X 1.1.1.2.1.3 11.2.1.3.. .4.51.6 .3 9 10 11 Styles 13 12 5 14 Editing 15 16 Voice1 17 18 Johnson and Johnson Fiscal Year Ending 2019 Fiscal Year Ending 2018 Profitability Return on assets 0 0986 0.0087 Return on Equity 0.2551 0.0199 Liquidity Current Ratio 1.474 7.411 Quick Ratio 1.0818 Solvency Financial Leverage 2.5598 2.6147 Total Debt Equity Ratio 0.5101 0.5748 Efficiency 3 1204 3.0089 Inventory Turnover 0.0701 Receivable Turnover Profitability ratios Question 2: Liquidity Ratios Select 2 ratios under the Liquidity Ratio category and state if company has increased or decreased in strength over the comparison period. Discuss why

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