Johnson & Johnson's 2015 financial statements include the followng terms (al doflars in m Balance sheet Current assets Current liabilities Total assets 60,210 27,747 25,831 133,411 130,358 ok Income statement Sales Gross profit Net earnings (income)15,409 70,87474,331 48,53851,585 16,323 ces a. Compute the gross profit rate. (Round your percentage answers to 1 decimal place. ie. 0.1234 es 12.3%) b. Compute the net income as a percentage of sales. (Round your percentage answers to 1 c. Compute the current ratio. (Round your answers to 2 decimal places) decimal place. ie, 01234 es 123%) 2015 2014 a. Gross profit rate b.|Net income as a percentage of sales 1-1% c. Current ratio t i t to 1 to 1 K Prev12 of 12 Next a Ei search