Using Financial Statements

Anonymous
timer Asked: Oct 19th, 2018
account_balance_wallet $15

Question Description

The next part of your project will require you to navigate to the website of Johnson & Johnson and locate the most recent annual reports. You will use the annual reports to create financial statements. These statements will become the reference statements for your case. Annual reports for JNJ 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.

Compute the current ratio for JNJ for previous two fiscal years

Review reports on data for the last two years.

Net Cash Flows from Operating Activities

Net Cash used by Investing Activities

Net Cash used by Financing Activities

Cash and Cash Equivalents at the end of the Years

Create a Balance Sheet or Statement of Cash Flows for most recent two years

Identify trends with an indication of if the financial statements show a positive or negative for the organization and investors.

Use Microsoft Excel to create at least three (3) graphical displays to show the trends (i.e., bar graph, pivot table, histogram, etc). You should include a copy of your graphs in the body of your report.

Discusses which year Johnson & Johnson appear to be in a stronger financial position and big differences between the 2 years (Keep in mind that dollar amounts in ( ) are negative or cash outflows).

Imagine that this information represents information for your project case. Incorporate or reference financial information in your case to support the report.

Summarize your responses in a report using titles from the assignment requirements (i.e., assets and liabilities, cash flows/balance sheet, trends, financial position). This document will serve as your Financial Statements section of your project.

Tutor Answer

Prof_karsis
School: Boston College

Attached.

1

Financial Position of Johnson and Johnson

Student name:
Institutional affiliation:

2
Financial Position of Johnson and Johnson
The attached word document addresses the question “Using Financial Statements” as follows:


Assets and liabilities



Cash flows/balance sheet



Trends



Financial position


1

Running Head: Financial Position of Johnson and Johnson

Financial Position of Johnson and Johnson

Student name:
Institutional affiliation:

2

Financial Position of Johnson and Johnson

Financial Position of Johnson and Johnson
1. Current Assets and Liabilities
From the Annual Reports:
Johnson And Johnson
Total Current Asets (in Billion)
Total Current Liabilities (in Billion)
Current Ratio =Current Asset/Current Liabilities
Net Cash Flows from Operating Activities (in Billion)

Net Cash used by Investing Activities (in Billion)
Net Cash used by Financing Activities (in Billion)
Cash and Cash Equivalents (in Billion)

2014
2017
$59.31
$43.09
$25.09
$30.54
2.36: 1
1.41: 1
$
18.47 $
21.06
$
(12.31) $
(14.87)
$
(12.26) $
(7.67)
$
14.52 $
17.83

2. Balance sheet
Below is the company’s balance sheet between 2014 and 2017. Also See the excel file for clear
value:

3

Financial Position of Johnson and Johnson
Johnson and Johnson
Balance Sheet

Assets
Fiscal year is January-December ( in USD Billions)

Cash & Short Term Investments

2014

2015

2016

2017

33.09

38.38

41.91

18.3

Cas h Only

14.52

13.73

18.97

17.82

Short-Term Inves tm ents

18.57

24.64

22.94

0.472

10.99

10.73

11.7

13.49

10.99

10.73

11.7

13.49

11.26

11

11.95

13.78

-0.275

-0.268

-0.252

-0.291

Total Accounts Receivable
Accounts Receivables , Net
Accounts Receivables , Gros s
Bad Debt/Doubtful Accounts
Other Receivables

-

-

-

-

8.18

8.05

8.14

8.77

Finis hed Goods

4.51

4.88

5.01B

5.31B

Work in Progres s

2.46

2.24

2.19B

2.32B

Raw Materials

1.21

0.936

0.952

1.14

-

-

-

-

7.05

3.05

3.28

2.54

Inventories

Progres s Paym ents & Other
Other Current As s ets
Mis cellaneous Current As s ets
Total Current Assets

7.05

3.05

3.28

2.54

59.31

60.21

65.03

43.09

2014
Net Property, Plant & Equipm ent

2015

2016

2017

16.13

15.91

15.91

17.01

36.69

36.65

37.77

41.47

Buildings

10.05

9.83

10.11

11.24

Land & Im provem ents

0.833

0.78

0.753

0.829

Com puter Software and Equipm ent

-

-

-

-

Other Property, Plant & Equipm ent

-

-

-

-

20.56

20.74

21.86

24.46

0.679

1.49

1.21

0.751

0.679

...

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Review

Anonymous
awesome work thanks

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