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Johnson & Johnson, a multinational pharmaceutical and consumer goods company, reported total liabilities of $130 billion and shareholders' equity of $70 billion for the fiscal
Johnson & Johnson, a multinational pharmaceutical and consumer goods company, reported total liabilities of $130 billion and shareholders' equity of $70 billion for the fiscal year 2020. Calculate Johnson & Johnson's debt-to-equity ratio and discuss the implications of its capital structure on financial risk and shareholder value creation.
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