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Financial Statement Analyses Research. Read the 10-K reports of 2020 for company Pfizer and Johnson & Johnson, and make analyses based on the following questions:

Financial Statement Analyses Research. Read the 10-K reports of 2020 for company Pfizer and Johnson & Johnson, and make analyses based on the following questions: What kind of assets does the company have? (0.5 point) What types of assets does the company include as intangibles? (0.5 point) Did the company record any impairment for the assets? (0.5 point) How much did the company spend on Research and Development? Is the spending increased or decreased? (1 point) Did the company capitalize on certain Research and Development expenditures? (0.5 point) Evaluate the companies potential risks (e.g. default risk and liquidity risk, long-term debt, and current debt). (1 point) Evaluate the companies performance (e.g. fixed-asset turnover ratio, Gross Margin, return on assets or equity ratio, and earnings per share ratio) (1 point) Evaluate the companies cash flow performance (where does the company spends and receives money). (1 point) Describe the companys share repurchase and dividends plan? (1 point) Which company do you want to invest in, and why? (1 point)

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