Calculate and interpret the following ratios for Johnson & Johnson based on the provided financial data for the year ended December 31, 2023.

Item	Amount ($)
Current Assets	300,000
Inventory	90,000
Current Liabilities	150,000
Total Assets	950,000
Total Liabilities	400,000
Net Income	160,000
Shareholders' Equity	550,000

Question:

Using the given data, calculate the Current Ratio, Quick Ratio, Debt-to-Equity Ratio, Return on Assets (ROA), and Return on Equity (ROE) for Johnson & Johnson for the year ended December 31, 2023. Provide an interpretation for each ratio.