Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company: Johnson & Johnson Item Amount (in millions) Revenue $93,775 Cost of Goods Sold (COGS) $33,223 Gross Profit $60,552 Operating Expenses $29,688 Operating Income $30,864
Company: Johnson & Johnson
Item | Amount (in millions) |
Revenue | $93,775 |
Cost of Goods Sold (COGS) | $33,223 |
Gross Profit | $60,552 |
Operating Expenses | $29,688 |
Operating Income | $30,864 |
Interest Expense | $1,200 |
Income Tax Expense | $6,800 |
Net Income | $22,864 |
Questions:
- What is Johnson & Johnson's gross profit margin?
- Calculate Johnson & Johnson's operating profit margin.
- Determine Johnson & Johnson's net profit margin.
- If Johnson & Johnson’s total assets are $150,000 million, what is the return on assets (ROA)?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started