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2 Which of Johnson and Johnson's financial statements is not accrual-based? O a. Income statement O b. Balance sheet O c. Statement of shareholders' equity

2 Which of Johnson and Johnson's financial statements is not accrual-based? O a. Income statement O b. Balance sheet O c. Statement of shareholders' equity O d. Statement of cash flows QUESTION 11 Use the following formula to calculate Johnson and Johnson's accounts receivable turnover ratio at the I Account receivable turnover ratio = Sales to customers / Accounts receivable. Round your answers to t Select the correct answer below. O a. The company collected accounts receivable slightly faster in the most recent reporting period than O b. The company collected accounts receivable slightly slower in the most recent reporting period that O c. The company collected accounts receivable at the same rate as in the prior reporting period. Click Save and Submit to save and submit. Click Save All Answers to save all answers. # 3 $ 5 4 Q Search K % 5 6 ly 7 4 H '8

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