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Johnson and Johnson Fiscal Year Ending 2019 Profitability Fiscal Year Ending 2018 Return on assets 0.0986 Return on Equity 0.0087 0.2551 0.0199 Liquidity Current Ratio
Johnson and Johnson Fiscal Year Ending 2019 Profitability Fiscal Year Ending 2018 Return on assets 0.0986 Return on Equity 0.0087 0.2551 0.0199 Liquidity Current Ratio 1.474 1.411 Quick Ratio 1.0818 1.0409 Solvency Financial Leverage 2.5598 2.6147 Total Debt Equity Ratio 0.5101 Efficiency 0.5748 Inventory Turnover 3.1204 3.0089 Receivable Turnover 5,9142 6.0701 Question 1: Profitability Ratios Select 2 ratios under the Profitability Ratio category and state if company has increased or decreased in strength over the comparison period. Discuss why
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