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Compare the working capital ratios of Johnson & Johnson and Pfizer Inc. as of December 31, 2023: Company Johnson & Johnson Pfizer Inc. Current Assets

Compare the working capital ratios of Johnson & Johnson and Pfizer Inc. as of December 31, 2023:

Company	Johnson & Johnson	Pfizer Inc.
Current Assets	$50 billion	$60 billion
Current Liabilities	$30 billion	$40 billion
Working Capital
Working Capital Ratio

Question:

Calculate the working capital for both Johnson & Johnson and Pfizer Inc.
Calculate the working capital ratio for both companies. Which company has a higher working capital ratio?

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