Accounting

Dunn & Bradstreet Problem Johnson & Johnson's SIC code is 2834. The attached page from Dun & Bradstreet Industry Norms and Key Financial Ratios contains data for Johnson & Johnson's industry group and will be needed to answer the questions below. You will also need the Value Line Workbook Stock Page for Johnson & Johnson that was used in HW 02 (a) How many companies are summarized in the Dun & Bradstreet data for this SIC code? (b) Calculate the Current Ratio, Average Collection Period in Days, and Retum on Sales based on the data for fiscal year 2003 on the Value Line Workbook Sample page. Round answers to three places right of the decimal. (c For each of these ratios state whether Johnson & Johnson falls within the upper quartile, upper-middle quartile, lower-middle quartile, or lower quartile with respect to their SIC code. Dunn & Bradstreet Problem Johnson & Johnson's SIC code is 2834. The attached page from Dun & Bradstreet Industry Norms and Key Financial Ratios contains data for Johnson & Johnson's industry group and will be needed to answer the questions below. You will also need the Value Line Workbook Stock Page for Johnson & Johnson that was used in HW 02 (a) How many companies are summarized in the Dun & Bradstreet data for this SIC code? (b) Calculate the Current Ratio, Average Collection Period in Days, and Retum on Sales based on the data for fiscal year 2003 on the Value Line Workbook Sample page. Round answers to three places right of the decimal. (c For each of these ratios state whether Johnson & Johnson falls within the upper quartile, upper-middle quartile, lower-middle quartile, or lower quartile with respect to their SIC code