Johnson & Johnson is an international corporation that develops pharmaceutical, medical, and consumer packaged goods. The company engages in the manufacturing, and selling of products in the health care sectors. The following table provides the financial data of the company. Please use ratio analysis to find out the liquidity ratios, activity performance, leverage usage and profitability of the company and make an overall detailed performance evaluation throughout the years, Please employ also Dupont analysis to make further comments (20 Points). 

Table: Johnson & Johnson Inc. Financial Data (in millions) Item/Year 2019 2018 2017 2016 45,274,000 46,033,000 Current Assets Current Liabilities 43,088,000 65,032,000 35,964,000 31,230,000 30,537,000 26,287,000 Inventories 9,020,000 8,599,000 8,765,000 8,144,000 Cash 19,287,000 19,687,000 18,296,000 41,907,000 Receivables Total Assets 14,481,000 14,098,000 152,954,000 13,490,000 11,699,000 157,728,000 157,303,000 141,208,000 Total Liabilities 98,257,000 93,202,000 97,143,000 70,790,000 Total Equity 59,471,000 59,752,000 60,160,000 70,418,000 Sales 82,059,000 81,581,000 76,450,000 71,890,000 Cost of Goods Sold 27,556,000 27,091,000 25,354,000 21,685,000 BIT 20,970,000 21,175,000 19,122,000 21,165,000 Interest 318,000 1,005,000 934,000 726,000 Net Income 15,199,000 15,297,000 1,300,000 16,540,000