Johnson & Johnson presents the following as of December 31, 2022:

• Balance Sheet:
  • Cash: $20 billion
  • Marketable Securities: $15 billion
  • Accounts Receivable: $12 billion
  • Inventory: $10 billion
  • Total Current Assets: $57 billion
  • Total Assets: $180 billion
  • Accounts Payable: $12 billion
  • Short-term Debt: $6 billion
  • Long-term Debt: $50 billion
  • Shareholders’ Equity: $112 billion
• Income Statement:
  • Revenue: $100 billion
  • Cost of Goods Sold: $50 billion
  • Operating Expenses: $35 billion
  • Interest Expense: $2 billion
  • Tax Rate: 22%

Requirements:

1. Calculate the current ratio.
2. Determine the operating margin.
3. Compute the debt-to-equity ratio.
4. Evaluate the net profit margin.