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Johnson and Johnson Fiscal Year Ending 2019 Fiscal Year Ending 2018 Profitability Return on assets 0.0986 0.0087 Return on Equity 0.2551 0.0199 Liquidity Current Ratio
Johnson and Johnson Fiscal Year Ending 2019 Fiscal Year Ending 2018 Profitability Return on assets 0.0986 0.0087 Return on Equity 0.2551 0.0199 Liquidity Current Ratio 1.474 Quick Ratio 1.0818 10409 Solvency 2.5598 2.6147 Financial Leverage Total Debt Equity Ratio 0.5101 0.5748 Efficiency 3.1204 3.0089 Inventory Turnover 59142 60701 Receivable Turnover Profitability ratios Question 4: Efficiency Ratios Select 2 ratios under the Efficiency Ratio category and state if company has increased or decreased in strength over the comparison period. Discuss why. (Be specific.)
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