
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 20
Johnson Johnson 's 2012 financial statements include the following items (all dollars in millions):
Compute the following ratios and comment on the trend you can observe from the limited two years of data you have available.
a.ross profit rate.
b.et income as a percentage of sales.
c.urrent ratio.
Compute the following ratios and comment on the trend you can observe from the limited two years of data you have available.
a.ross profit rate.
b.et income as a percentage of sales.
c.urrent ratio.
Explanation
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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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