Biotechnology Industry Average Comparison of Johnson & Merck & Novartis AG Ratios Sohnson Company Comparison of Ratios vs. ROA 8.41% 7.72% 6.40% 7.06% ROE 23.25% 27.91% 14.94% 23.96% Quick Ratio 0.91 0.58 0.68 0.94 Current Ratio 1.21 1.02 0.90 1.34 Industry Total Liabilities $111,616,000 $66,184,000 $75,393,000 (12/31/2020)

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.4MBA
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Biotechnology
Industry Average
Comparison of
Johnson &
Merck &
Novartis AG
Ratios
Sohnson
Company
Comparison of
Ratios vs.
ROA
8.41%
7.72%
6.40%
7.06%
ROE
23.25%
27.91%
14.94%
23.96%
Quick Ratio
0.91
0.58
0.68
0.94
Current Ratio
1.21
1.02
0.90
1.34
Industry
Total Liabilities
$111,616,000
$66,184,000
$75,393,000
(12/31/2020)
Transcribed Image Text:Biotechnology Industry Average Comparison of Johnson & Merck & Novartis AG Ratios Sohnson Company Comparison of Ratios vs. ROA 8.41% 7.72% 6.40% 7.06% ROE 23.25% 27.91% 14.94% 23.96% Quick Ratio 0.91 0.58 0.68 0.94 Current Ratio 1.21 1.02 0.90 1.34 Industry Total Liabilities $111,616,000 $66,184,000 $75,393,000 (12/31/2020)
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