Discuss the following:
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.
Use the annual report to find 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 fiscal years and comment on the trend. Is the trend positive for the company and its investors? Why or why not?