Select a Fortune 500 company from one of the following industries:
Pharmaceutical – Johnson & Johnson
Review the balance sheet and income statement in the company’s 2015 Annual Report.
Calculate the following ratios using Microsoft Excel: (Be sure to submit your calculations with your assignment)
Debt Equity Ratio
Inventory Turnover Ratio
Receivables Turnover Ratio
Total Assets Turnover Ratio
Profit Margin (Net Margin) Ratio
Return on Assets Ratio
Analyze in 1,050 words why each ratio is important for financial decision making.
Submit your analysis in a Word document as well as your calculations in Excel.