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Calculating Gross Profit Margin Johnson & Johnson reported the following revenue and cost of goods sold information in its 10-K report for 2020, 2019,
Calculating Gross Profit Margin Johnson & Johnson reported the following revenue and cost of goods sold information in its 10-K report for 2020, 2019, and 2018. $ millions Sales to customers 2020 2019 2018 $82,584 $82,059 $81,581 Cost of products sold 28,427 27,556 27,091 Compute Johnson & Johnson's gross profit margin for each year. (Round your answers to one decimal place (i.e., 0.4862 = 48.6%) 2020 % 2019 % 2018 %
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