Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What would be the income statement assumptions for the following variables for the company Johnson and Johnson. This is in reference to 2019 10-K. So
What would be the income statement assumptions for the following variables for the company Johnson and Johnson. This is in reference to 2019 10-K. So the years filled out are 2017-2019. I'm wanting to know 2020-2024. If you can assist or explain what the most accurate assumption trends will be. And exactly what they will be in accordance to the 2019 10-K for Johnson and Johnson. Can you please provide the answer according to the most accurate assumptions?
0.6% Income statement assumptions Revenue growth (%) Gross profit margin (%) SG&A and Other margin EBIT margin (%) Effective tax rate (%) D&A growth (%) Income in equity affiliates growth (%) Minority interest growth (%) Dividend payout ratio 66.7% 42.5% 24.2% 92.6% 6.7% 66.8% 42.1% 24.7% 15.0% 22.8% 2.1% 3.8% 62.1% 66.4% 41.9% 24.5% 12.7% 1.2% 18.4% 11.8% 66.6% 687.9% 0.6% Income statement assumptions Revenue growth (%) Gross profit margin (%) SG&A and Other margin EBIT margin (%) Effective tax rate (%) D&A growth (%) Income in equity affiliates growth (%) Minority interest growth (%) Dividend payout ratio 66.7% 42.5% 24.2% 92.6% 6.7% 66.8% 42.1% 24.7% 15.0% 22.8% 2.1% 3.8% 62.1% 66.4% 41.9% 24.5% 12.7% 1.2% 18.4% 11.8% 66.6% 687.9%Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started