review the status of Johnson & Johnson through the facts and figures available on Yahoo! Finance.

1. Recalculate book- and market-value balance sheets using the most recent available financial information and use the same format as for Table 18.4 (Brealey, Myers, & Allen, 2014, page 450 - 451).

2. Track Johnson & Johnson's long-term debt and debt ratio over the last five years. Discussion how that company has changed and noting if they have a stable target debt ratio and evidence of pecking-order financing?

3. Determine how much the company has spent to repurchase its own shares? And discuss the trade-off theory prediction of share repurchases for a conservatively financed company like Johnson & Johnson?