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Zoom in and it's clear. Thanks! Presented below are condensed financial statements adapted from those of two actual companies competing in the pharmaceutical industry-Johnson and
Zoom in and it's clear. Thanks!
Presented below are condensed financial statements adapted from those of two actual companies competing in the pharmaceutical industry-Johnson and Johnson (J&J) and Pfizer, Inc. ($ in millions, except per share amounts). (s in millions, except per share data) Assets : Cash $18,14312,398 6,390 9,184 11,385 10,135 5,965 52,529 24,695 20,030 73,355 $82,117 $150,579 Other current assets 45,833 Property, plant, and equipment (net) Intangibles and other assets Total assets Accounts payable Short-term noters Other current liabilities $ 7,396 5,031 5,297 22,286 5,205 Current liabilities Long-term debt other long-term liabilities 32,495 8,005 24,200 64,700 Total liabilities 34,696 Captal stock (par and additional paid-in capital) Retained earnings Accumulated other comprehensive income (loss) Less: Treasury stock and other equity adjustments 50,89349,272 285 (950) 8,342 33,428) Total shareholders equity Total liabilities and shareholders' equity $82,117 $150,579 $51,492 54,818 14,444 12,100 21,959 30, 682 (655) 3,880 Cost of goods sold Gross profit Other (income ) Income before taxes Tax expense Net income $11,021 5,709 $ 3.32 0.48 5, 820 (950) 285 $82,117 $150,579 Cost of goods sold Gross profit Operating expenses other 12,100 37,048 30, 682 Evaluate and compare the two companies by responding to the following questions. 1. For both companies, compute the ratios below For both c Evaluate and compare the two companies by responding to the following questions. s are not provided, you should use year-end balances in place of average balanc Required: 1. For both companies, compute the ratios below 2. Evaluate and compare the two companies. Complete this qu For both companies, compute the ratios below Profit Margin (# ##)% Evaluate and compare the two comphles By lespunung Note: Because two-year comparative statements are not provided, you should use year-end balances in place of aver appropriate age b Required 1. For both companies, compute the ratios below 2. Evaluate and compare the two companies. Complete this question by entering your answers in the tabs below. ired 2 Evaluate and compare the two companies Which of the two receivable and managing its inventory? appears more efficient in c Which of the two firms had greater earnings relative to resources available? Have the two similar combinations of profit margin and turnover? From the perspective of a common shareholder, which of the two firms provided a greater rate of retun? From the perspective of a common shareholder, which of the two firms appears to be using leverage more effectively to provide a return to shareholders above the rate of return on assets? Step by Step Solution
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