Use Financial Statements
Navigate to the website of Johnson & Johnson (www.jnj.com) and locate the most recent annual report. Annual reports are usually located in a section titled Investor Relations, Investor Information, etc.
With the Use of the annual report to search the total current assets and total current liabilities. Once you have these, compute the current ratio (and explain what it is) for JNJ for the previous two final years and comment on the trend. Is the trend positive for the company and its investors? Why or why not?
You have to Save your assignment as a Microsoft Word document. (Mac users, please remember to append the ".docx" extension to the filename.)
The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date.
An eg is shown below:
Jstudent_exampleproblem_101504