accounting help

can someone do this same thing but in terms of another company. walmart as the company to be specific. Just look up the same things with this document but using walmart instead

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

 

24 hrs due time 🙂

INDUSTRY:PHARMACEUTICAL AND MEDICAL EQUIPMENT

COMPANY: JOHNSON AND JOHNSON

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

GENERAL INFORMATION

Johnson and Johnson

(NYSE: JNJ) is an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturer founded in 1886.

Consistently ranks at the top of Harris interactive National Corporate reputation survey, ranking as the world’s most company.

Headquarters is in New Brunswick, New Jersey with the consumer division being located in Skillman, New Jersey.

It includes 250 subsidiary companies with operations in over 57 countries and products sold In over175 countries.

Johnson and Johnson had worldwide pharmaceutical sales of $ 65 billion for the calendar of 2011.

Johnson and Johnson brands include numerous household names of medications and first aid supplies. Among its well known consumer products are the Brand Aid, Brand line of bandages, Tylenol medications, Johnson baby products, Neutrogena skin and beauty products, clean and clear facial wash and Acuvue contact lenses.

FINANCING AND LIQUIDITY

Liabilities and shareholders

Dec 30 2012 Dec 31 2011 Dec 31 2010 Dec 31 2009

Debt 32259 33753 23257 22363

Equity 64826 57080 56579 50588

The data shows that equity is the major source of financing since it has been twice the value of debt financing.

Dec 30 2012 Dec 31 2011 Dec 31 2010 Dec 31 2009

Current ratio 1.90 2.38 2.05 1.82

Quick ratio 1.34 1.88 1.62 1.34

Cash ratio 0.87 1.41 1.20 0.89

Johnson and Johnson’s liquidity improved from 2010 to 2011 but then deteriorated significantly from 2011 to 2012.

COMPANY’S PERFORMANCE AND PROFITABILITY

Accounts receivable

turnover

Dec 30 2012 Dec 31 2011 Dec 31 2010 Dec 31 31 2009

Sales to customers 67224 65050 61587 61897

Accounts receivable

Less allowances for bad 11309 10581 9774 9646

And doubtful debts accounts

This measures how efficiently a company performs day-to-day tasks, such as the collection off receivables and management of inventory

Over the past few years the company’s accounts receivable less allowance for bad and doubtful debts has been increasing progressively and this means that the company is efficient in collecting the accounts receivables.

US $ in millions

Dec 30 2012 Dec 31 2011 Dec 31 2010

Sales 67,224 65,030 61,587

This information represents an upward increase in sales to customers in the past few years.

The increase is 3.37% in the first year and 5.59% in the second year.

Net income

Dec 30 2012 Dec 31 2011 Dec 31 2010

Net earnings

Attributable to 10853 9672 13334

Johnson and Johnson

There has been fluctuation in both downward and upward direction in net earnings but in the past year it has increased.

This might have been caused by constant increase in taxes levied.

FINAL OVERALL EVALUATION

As provided in the above facts, investing in Johnson and Johnson would be a good idea since it’s a company that is improving and steadily increasing its profitability.

Order your essay today and save 25% with the discount code: STUDYSAVE

Order a unique copy of this paper

600 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal

Order your essay today and save 25% with the discount code GREEN