Company: Johnson & JohnsonItemAmount (in millions)Revenue$93,775Cost of Goods Sold (COGS)$33,223Gross Profit$60,552Operating Expenses$29,688Operating Income$30,864Interest Expense$1,200Income Tax...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Company: Johnson & Johnson
Item
Amount (in millions)
Revenue
$93,775
Cost of Goods Sold (COGS)
$33,223
Gross Profit
$60,552
Operating Expenses
$29,688
Operating Income
$30,864
Interest Expense
$1,200
Income Tax Expense
$6,800
Net Income
$22,864
Questions:
What is Johnson & Johnson's gross profit margin?
Calculate Johnson & Johnson's operating profit margin.
Determine Johnson & Johnson's net profit margin.
If Johnson & Johnson’s total assets are $150,000 million, what is the return on assets (ROA)?
What is the return on equity (ROE) if Johnson & Johnson’s total equity is $80,000 million?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!