Question
Balance Sheet Analysis for Johnson & Johnson Items Amount (in millions) Total Assets $420,000 Total Liabilities [Calculation 105] Total Equity $300,000 Cash and Cash Equivalents
Balance Sheet Analysis for Johnson & Johnson
Items Amount (in millions)
Total Assets $420,000
Total Liabilities [Calculation 105]
Total Equity $300,000
Cash and Cash
Equivalents
$100,000
Accounts Receivable $50,000
Inventory $70,000
Long-term Debt $80,000
Calculate the following:
a) Total Liabilities
b) Debt Ratio
c) Quick Ratio
d) Return on Equity (ROE)
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College Accounting A Career Approach
Authors: Cathy J. Scott
13th edition
1337280569, 978-1337607773, 1337607770, 978-1337516525, 133751652X, 978-1337668026, 978-1337280563
