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Please a conclusion for this analysis of ratios that I made with the company Johnson & Johnson Final Analysis Johnson & Johnson commom size income

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Final Analysis Johnson & Johnson commom size income statament 2016-2017 2016 2017 $71.94| 1.00 Cost of good sold | $21.64 10.30 $3.26| 0.05 $16.5410.23 100.00%! $76.48 30.08%| $25.11 4.53%|$16.37 22.99%| $ 1.30 | 1.00 0.33| 0.21 0.02 100.00% 32.83% 21.40% 1.70% Sales Tax income Net income - we can see that inspire of an increase in the sales, yet the company's net income has decreased this is because of increase in Cost of goods sold and income tax these were the amendments to be done and the analysis of the income statement Johnson &Johnson commom size inome statament 2016-2017 2016 2017 Cash Accounts receivable Accounts payable Reteined earning Total assests 4191 11.7 6.92 110.55 141.21 change 0.18 0.01 0.05-0.003 0.14 0.30 008 13.49 0.05 18.3 0.12 0.09 7.31 0.78 101.79o 157.3 0.65 Common size balance sheet shows that in 2016, the cash was 30% ofthe total assets while in 2017 it decreased to 12% only the company has stopped keeping more cash with them, this might be due to the cash management or the excess cash is being used for the expansion of the company to generate more profit We can never interpret through the figures given only like $11.7 or $13.49 in

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