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Johnson & Johnson Inc. has the following information for the year ended December 31, 2024: Net Sales: $5,000,000 Cost of Goods Sold: $2,000,000 Operating Expenses:
Johnson & Johnson Inc. has the following information for the year ended December 31, 2024:
- Net Sales: $5,000,000
- Cost of Goods Sold: $2,000,000
- Operating Expenses: $1,200,000
- Interest Expense: $100,000
- Income Tax Expense: $300,000 Calculate the following ratios:
- Gross Profit Margin
- Operating Profit Margin
- Net Profit Margin
- Return on Assets
- Return on Equity
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