Interpreting Financial Statements (using common-size and percentage change statements on the Analysis tab in the FSAP template) a. During this three-year period, how did the proportion of total liabilities change relative to the proportion of shareholders equity? What does this imply about changes in J&Js leverage? What influence does COVID-19 have on this change? b. How did net income as a percentage of total revenues change from fiscal 2020 to fiscal 2022? Identify the most important reasons form this change. c. Does J&J generate high or low profit margins? How do J&Js profit margins relate to the companys strategy?