Complete the following homework scenario:

• Select one (1) U.S. publicly traded company and review its most recent Annual Report. (You may use one (1) of the three (3) companies you selected for your Stock Journal assignment.)
  • Use the Income Statement and Balance Sheet to determine the changes in:
    • assets, liabilities, and equity
    • total revenue and net income
  • Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder’s view.

Here is the paper and companies you use for week 3 journal. So select one company from it to do this assignment

Answer preview

Johnson and Johnson Inc. are a publicly owned company with the institutional holding of 67.47% comprising of 2678 shareholders and a value of 237570032831. Considering the balance sheet and the income statement in 2017 following analysis is deduced.

A:

• Change in Asset

The current assets from 2013 are as follow 56.41B, 59.31, 60.21,65.03B and 43.09B while the total assets are 132.68B, 131.12B,133.41, 141.21B and 157 B. As at 2017 the total assets change of the company indicates an increase (Market Watch, 2018 August 3).  Though there was a decrease in the current assets of Johnson and Johnson from 2016 to 2017 the total assets increased (2013-2017 the trend is +24.32 and 2016-2017 is (+15.79)…

(800 words)