To examine johnson and johnson's profitability, the calculation of the gross profit margin for 2019 would be closest to (round to one decimal place and label your answer):
Answers
Johnson and Johnson's gross profit margin for 2019 was 67.6%,rounded to one decimal place.
To calculate Johnson & Johnson's gross profit margin for 2019.we need to first determine their gross profit and revenue figures for the year. According to Johnson and Johnson's 2019 Annual Report, their revenue for the year was $82.1 billion and their cost of goods sold was $26.6 billion.
To calculate gross profit, we subtract the cost of goods sold from revenue:
$82.1 billion - $26.6 billion = $55.5 billion
Now, we can calculate the gross profit margin by dividing gross profit by revenue and multiplying by 100 to get a percentage:
($55.5 billion /$82.1 billion) x 100 = 67.6%
Therefore, Johnson and Johnson's gross profit margin for 2019 was 67.6%,rounded to one decimal place
To learn more about johnson and Johnson:
https://brainly.com/question/14732263
#SPJ4
Related Questions
Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences
Answers
Visit the Web site for a different well-known company, and find the section that lists the company's values.
I looked through the Microsoft.com company website.
Innovation, diversity and inclusion, CSR, AI, reliable computing, respect, integrity, and accountability are among the core principles highlighted.
Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
This is not surprising to me because the corporation makes this point in its advertising and other materials.
What are their core values about?Among the mentioned core values are;
Technology can and should be a force for good, and we believe that significant innovation can and will make the world a better place in both large and little ways.
Diversity and inclusiveness are important to our success. To enlighten, challenge, and push our thinking, we draw on the strengths, experiences, and many points of view of our customers and staff.
AI - Our belief is that AI can enhance your talents, free you up to engage in more creative and strategic activities, and assist you or your organization in achieving more when it is created with humans at the heart.
They acknowledge full accountability for all choices, deeds, and outcomes. Therefore, Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.
Learn more about company's values from
https://brainly.com/question/13732928
#SPJ1
brisco bricks purchases raw material from its foreign supplier, bolivian clay, on may 8. payment of 2,000,000 foreign currency units (fc) is due in 30 days. may 31 is brisco's fiscal year-end. the pertinent exchange rates were as follows: how much foreign exchange gain or loss should brisco record on may 31? $2,520,000 gain. $20,000 gain. $20,000 loss. $80,000 gain. $80,000 loss.
Answers
Brisco bricks purchase raw materials from its foreign supplier, Bolivian clay, on May 8. payment of 2,000,000 foreign currency units (FC) is due in 30 days. Brisco should record $5,000 gain.
What are foreign currency units?Generally, To determine the foreign exchange gain or loss that Brisco should record on May 31, you will need to compare the payment due on May 8 to the payment that Brisco actually made on May 31, using the exchange rates on those dates.
If the payment due on May 8 was 2,000,000 foreign currency units (FC) and the exchange rate on May 8 was $1.00 = 100 FC, then the payment due in US dollars would be 2,000,000 FC / 100 FC/$1.00 = $20,000.
If the exchange rate on May 31 was $1.00 = 80 FC, then the payment due on May 31 in US dollars would be 2,000,000 FC / 80 FC/$1.00 = $25,000.
Therefore, the foreign exchange gain or loss that Brisco should record on May 31 is $25,000 - $20,000 = $5,000 gain.
So the correct answer is: $5,000 gain.
Read more about foreign currency units
https://brainly.com/question/14071689
#SPJ1
how does communication affect the leadership process
Answers
Effective communication is a crucial component of leadership. Leaders who communicate clearly and consistently can inspire and motivate their team members, build trust and rapport, and create a supportive team environment.
By contrast, poor communication can lead to confusion, frustration, and low morale, and can damage the trust and respect of the leader.
Leadership is the ability to inspire and influence others towards a common goal or vision. Effective communication is a critical aspect of leadership, as it enables leaders to convey their vision, motivate their team, and build trust and rapport with their followers.
Leaders must communicate their expectations, goals, and vision clearly and consistently to their team members. Clear communication helps ensure that everyone is on the same page and working towards the same objectives.
Effective communication also plays a crucial role in motivating team members. Leaders who communicate effectively can inspire their team members to perform at their best and feel valued and appreciated.
By providing clear feedback and recognition, leaders can build a positive and supportive team environment, which can boost motivation and engagement.
To learn more about leadership:
https://brainly.com/question/29452698#
#SPJ11
If on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be
Answers
If on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.
What is the required reserve ratio?The required reserve ratio is the fraction of deposits that the Federal Reserve requires banks to hold as reserves.
The reserve ratio can be computed by dividing the difference between the deposit and the increase in excess reserves by the original deposit and multiplying by 100.
Data and Calculations:Checking deposit = $300
Increase in excess reserves = $255
Required reserve = $45 ($300 - $255)
Reserve ratio = 15% ($45/$300 x 100)
Thus, if on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.
Learn more about reserve ratios at https://brainly.com/question/25757631
a producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
Answers
A producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
A standard deviation (or σ) is a degree of the way dispersed the information is when it comes to the imply. Low general deviation means statistics are clustered around the mean, and high popular deviation shows statistics are more unfold out.
Learn more standard deviation here:-
https://brainly.com/question/475676
#SPJ4
Which of the following should employers prevent in order to ensure the safety and health of workers in regards to machine guarding?
A) Providing employees with safe tools and equipment
B) Providing employees with personal protective equipment
C) Allowing workers to use a machine without training
D) Ensuring employees are trained in hazard recognition
———————————————
Which of the following types of machine guard is generally preferred because of its simplicity and durability?
A) Interlocked
B) Fixed
C) Self-adjusting
D) Adjustable
Answers
Answer:
1st C 2nd one B
Explanation:
Answer:
1.) C 2.) B
Explanation:
What should a consumer consider when deciding whether to purchase a new insurance policy?
A. Whether it has the highest possible deductible compared to other policies
B. Whether it has the highest possible premiums compared to other policies
C. Whether its premiums are worth more than its potential benefits over time
D. Whether its potential benefits are worth more than its premiums over time
Answers
A customer should examine if the prospective benefits outweigh the premiums.
Option D. is correct.
Define insurance.An insurance policy is a contract in which a person pays a firm money in exchange for the company promising to pay cash if the individual is harmed or dies, or to compensate for the worth of lost or damaged property.
Over time, a customer should examine if the prospective benefits outweigh the premiums.
Option D. is correct.
Find out more information about insurance here:
https://brainly.com/question/989103?referrer=searchResults
Which situation best illustrates the role of businesses in the circular flow of
goods?
A. A website sells products from many different companies.
B. A company manufactures a new type of truck.
C. A student gets a part-time job to help pay her bills..
D. A mill produces lumber used to build new houses.
Answers
The situation which best illustrates the role of businesses in the circular flow of goods is:
(B) A company manufactures new type of truck
The circular flow of goods describes a market situation in which a specific company in a market system produces a new line of products that differs from their usual production line. The circular flow model depicts how money flows in an endless loop from producers to households and back again. In an economy, money flows from producers to workers as wages and then back again as workers spend money on goods and services. Money and goods exchanged in a closed circuit have the same value but flow in the opposite direction.
With this in mind, we can see that the answer choice which correctly illustrates this is manufacturing of new type of truck.
For more information on circular flow of goods visit:
https://brainly.com/question/15831241
#SPJ1
a structural engineer hired by a military base discovers upon inspection that her employer is using low-quality steel and skimping on bolts and fasteners in many construction projects, which goes against the building designs she approved. she reports this to the concerned government regulatory agency. this is an example of
Answers
She reports this to the concerned government regulatory agency. this is an example of whistleblowing.
What is whistleblowing?A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organisation or in a particular department. A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier.According to Mueller, during the early 20th century, the terms "to blow the whistle" and "whistleblower" referred to either persons who were really blowing whistles or those who were trying to halt unlawful or immoral activities by raising a stink.Whistleblowing comes in two flavours. Internal whistleblowing is the first. This indicates that the whistleblower informs another employee of malfeasance. Whistleblowing on the outside is the second kind.To learn more about whistleblowing refer to:
https://brainly.com/question/28387026
#SPJ4
a variation of bribery that includes significant amounts of money paid to an official in the hopes that the official will illegally help the payer is known as
Answers
The variation of bribery that includes significant amounts of money paid to an official in the hopes that the official will illegally help the payer is known as "grand corruption."
Grand corruption refers to corrupt practices at a high level of government or within powerful institutions where large sums of money are involved.
It typically involves high-ranking officials or individuals in positions of authority who misuse their power for personal gain or to benefit others through illicit means.
This form of corruption often entails the payment of substantial bribes or kickbacks to secure favorable treatment, contracts, permits, or other illicit advantages. The aim is to influence or manipulate the decision-making process to gain an unfair advantage or bypass legal requirements.
Grand corruption poses a significant threat to good governance, the rule of law, and economic development. It undermines trust in public institutions, hampers fair competition, and diverts resources away from public services and infrastructure projects, resulting in negative consequences for society as a whole.
Learn more about society here:
https://brainly.com/question/12006768
#SPJ11
1. Why is career education so important for teens?
Answers
Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
Answers
Does the Way Your Classroom Is Decorated Affect Your Learning?
Answers
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
Answers
Explanation:
A market ____ analyst studies prevailing market trends and forecasts potential sales for a product.?
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answers
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
how often will you complete the two initiating processes
Answers
Two primary processes are included in the initiating process group: developing the project charter and identifying project stakeholders.
While developing the project charter is typically done only once, if your organization requires it, you can create a charter at each phase of the project. Identifying project stakeholders occurs throughout the project, but it should occur as early as possible.
When a project is formally approved and assigned to a project manager, it enters the initiating process group.
A project charter will typically also include:
Resources neededStakeholders of importanceA high-level timeline with important datesA rough cost estimateAny risks, issues, or dependencies that are known.To learn more about initiating process group, please refer:
https://brainly.com/question/14769721
#SPJ4
Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal
Answers
Which accounts are found on an income statement?.
Answers
Answer:
Revenue. Contains revenue from the sale of products and services. Could be segregated into additional accounts to record sales for particular products, regions, or other classifications.
Sales discounts. This is a contra account, containing discounts granted to customers from the gross sale price.
Cost of goods sold. Contains the cost of manufactured goods or merchandise sold during the period. Could be segregated into additional accounts to record the costs of direct materials, direct labor, and factory overhead.
Compensation expense. Contains the costs of salaries and wages incurred during the reporting period for all employees. This includes bonuses, commissions, and severance pay.
Depreciation and amortization expense. Contains the periodic depreciation and amortization charges associated with tangible and intangible fixed assets.
Employee benefits. Contains the employer-paid portions of the costs of numerous benefits, such as medical insurance, life insurance, and pension plan contributions.
Insurance expense. Includes the recognized cost of insurance, such as for building insurance or general liability insurance.
Marketing expenses. Contains the costs of a variety of expenses, including advertising, publications, and brochures.
Office supplies expense. Contains the costs of all incidental supplies incurred by the business that are not related to production activities.
Payroll taxes. Contains the employer-paid portions of payroll taxes, such as social security.
Professional fees. Contains the costs of auditors, attorneys, and consultants.
Rent expense. Contains the cost of lease payments on facilities and land being leased by the entity.
Repair and maintenance expense. Contains the costs of all repair and maintenance activities incurred by the business that are not related to production activities.
Taxes. Contains property taxes, use taxes, and other taxes charged by local governments.
Travel and entertainment expense. Contains the costs of all airfare, mileage reimbursement, hotels, and related expenses incurred by employees.
Utilities expense. Contains the costs of telephones, electricity, gas, and so forth.
Income taxes. If the entity is subject to income taxes, the amount is recorded in this account.
How can a company hide 2000$ of debts in a double entry journal accounting….. using debits and credits
Answers
Fawzia goes out to lunch. The bill, before tax and tip, was $15. 55. A sales tax of 5% was added on. Fawzia tipped 13% on the amount after the sales tax was added. How much was the sales tax? round to the nearest cent.
Answers
The bill, before tax and tip, was $15. 55. With sales tax 5%, the amount of sales tax is $0.78..
A sales tax is an indirect tax, which means it is not paid directly to the government, as income tax is. Instead, businesses collect and remit sales taxes from their customers to the relevant government authority.
Sales tax can be computed as:
Tax = tax rate x product's price
Total amount that a customer should pay is:
Total cost = price before tax + tax
Information available in the problem:
The bill before tax and tip = $15. 55
Tax rate = 5%
Hence,
Tax amount = 5% x $15. 55 = $0.78
Therefore,
Total amount after tax = $15. 55 + $0.78 = $16.33
Tip = 13% on the amount after tax.
Tip = 13% x $16.33 = $2.12
Total amount Fawzia paid = $16.33 + $2.12 = $18.45
The question is sales tax, which is equal to $0.78.
Learn more about tax here:
https://brainly.com/question/1700984
#SPJ4
How does a change in Expectations cause a change in supply?
Answers
verify describe the distillation process of alcohol
Answers
how did the lowell system contribute to the industrialization of the united states?
Answers
The Lowell System was a model of labor and production developed in the early 19th century in the textile mills of Lowell, Massachusetts. It contributed to the industrialization of the United States in several ways:
Mechanization: The Lowell System utilized machinery, particularly power looms and spinning frames, to mechanize the textile production process. This increased the efficiency and productivity of textile manufacturing, allowing for larger-scale production. Division of labor: The system implemented a division of labor, with workers specializing in specific tasks. Each worker focused on a particular step in the production process, which allowed for faster production and increased output . Integration of processes: The Lowell mills integrated all stages of textile production, from raw material processing to finished product manufacturing, under one roof. This vertical integration reduced transportation costs and improved coordination, streamlining the production process.
Learn more about Massachusetts here:
https://brainly.com/question/13960542
#SPJ11
\Why is it important to consider scholarships and grants before loans to pay for higher education?
Answers
Answer:
Explanation:
Scholarships and grants are monies that are given to the student for education. You DO NOT have to pay them back.
Loans can also be given for education costs but you DO have to pay them back. So, obviously, you want scholarships and grants before loans.
Read the statements below. Select "L" if the statement describes the Linux OS. Select "M" if the statement describes the Mac OS. Select "W" if the statement describes the Windows OS.
L - Linux
M - Mac
W - Windows
___code can be modified by users
____customer service provided by volunteers
___introduced the first GUI
___open source
____used by the majority of businesses
_____widely used in artistic fields
Answers
All the above statements describe Linux OS.
"Code can be modified by users" refers to the open-source nature of Linux."Customer service provided by volunteers" can be interpreted as a reference to the community-driven support for Linux."Introduced the first GUI" is not accurate, as the first GUI was actually introduced by Xerox PARC, but Linux certainly played a role in popularizing the use of GUIs in computing."Open source" refers to the fact that Linux's source code is freely available for users to view, modify, and distribute.
what criteria would you use to determine how to award this money?
Answers
To determine how to award money, certain criteria must be met. The following are the criteria that should be used:1. Selection criteriaIt is critical to have a selection criterion to ensure that the selection process is transparent and fair.
The criteria will be communicated to all potential applicants. The criteria should be clearly defined and should include all information necessary for the selection committee to evaluate the applications fairly.2.
Demonstrated needIf the funds are being provided to help individuals in need, the selection criteria should prioritize those with the greatest need. If the funds are being provided to benefit organizations, the selection criteria should prioritize those that have demonstrated a significant need for the funds.3. ImpactThe selection criteria should prioritize proposals that have the greatest impact on the target population.
MeasurabilityThe selection criteria should prioritize proposals that can be measured. Proposals that can be measured have a greater chance of producing tangible results.Overall, the selection criteria should be comprehensive and balanced. A detailed answer will help the selection committee evaluate the proposals fairly, ensure transparency and fairness in the selection process, and help ensure that the funds are used effectively.
To know more about determine visit:
https://brainly.com/question/29898039
#SPJ11
True or False: Organizations often add enticements such as relocation assistance and career development programs to attract better applicants. This is the only benefit to having these programs.
Answers
The given statement "Organizations often add enticements such as relocation assistance and career development programs to attract better applicants." is True organizations often add enticements such as relocation assistance and career development programs to attract better applicants.
These programs not only attract better applicants, but they also provide additional benefits to both the employees and the organization. For instance, career development programs help employees improve their skills and knowledge, leading to increased job satisfaction and retention rates.
Furthermore, such programs foster a positive work environment, resulting in higher employee engagement and productivity. Meanwhile, relocation assistance eases the burden of moving for new employees, allowing them to focus on their new role and adapt to the organization more quickly.
In summary, while these programs do attract better applicants, they also provide numerous other benefits, such as employee skill enhancement, increased job satisfaction, and improved productivity, which ultimately contribute to the overall success of the organization.
To know more about Organizations, refer here:
https://brainly.com/question/28713417#
#SPJ11
A group composed of subordinates who report to the same supervisor is called a(n) _____ .
Answers
The group composed of subordinates who report to the same supervisor is called a team.
A team is a group of individuals who collaborate and work together towards a common goal or objective. The members of the team typically have different roles and responsibilities, but they all report to the same supervisor. The supervisor is responsible for managing the team, providing guidance and support, and ensuring that the team is working effectively and efficiently towards achieving its goals. Teams can be found in various settings, including businesses, schools, sports teams, and community organizations. Working in a team can bring many benefits, such as increased productivity, better communication, and a sense of camaraderie.
Learn more about supervisor: https://brainly.com/question/31495239
#SPJ11
Describe the importance of social responsibility from a business perspective
Answers
The importance of social responsibility from a business point of view is to generate value for stakeholders and convert it into competitive and economic advantages for the company.
What is Corporate Social Responsibility (CSR)?It corresponds to a set of organizational actions and measures created to satisfy the needs of society and the environment through programs that assist in socio-environmental development, such measures being spontaneous and in addition to the acts fulfilled by legal requirements.
Corporate social responsibility helps to change the perception of stakeholders, as companies are currently seen as active agents in society's changes and in the protection of its resources, being a significant differential for many consumers.
Therefore, CSR helps society to develop, in addition to promoting internal improvements, such as reduced waste, increased quality, greater job satisfaction and, consequently, better positioning in the active market.
Find out more about Corporate Social Responsibility here:
https://brainly.com/question/1373962
#SPJ1
ou have just made your first $4,500 contribution to your individual retirement account. assume you earn an annual return of 11.3 percent and make no additional contributions.
Answers
The future value of an individual retirement account with an annual return of 11.3% and $4,500 in contribution t is $23,201.22.
. A contribution of $4,500 with an 11.3 percent annual return would have a future value of $23,201.22, assuming no additional contributions.Step-by-step explanation:To begin the solution, we will apply the future value formula:Future value = Present value x (1 + rate of interest)ⁿThe given information in the question is the contribution amount $4,500. Thus, the present value of the investment is $4,500.Let us now look at the annual rate of return which is 11.3%. It is important to note that the rate of interest must be in decimal form to use in the formula. Thus, we convert 11.3% into a decimal by dividing it by 100.11.3/100 = 0.113Let us now look at the number of years for which the investment will grow. The question mentions no additional contributions.
Thus, we can assume that the contribution of $4,500 remains in the account for the long-term. The duration for this growth is not mentioned, and hence we can assume that the duration can be n years. Therefore, the future value of the investment will depend on the duration for which the investment remains in the account.Thus, the formula for future value of the investment is:Future value = Present value x (1 + rate of interest)ⁿFV = $4,500 x (1 + 0.113)ⁿWe can now calculate the future value of the investment. We have the present value of $4,500 and the rate of interest in decimal form which is 0.113. To calculate the duration for which the investment remains in the account, we can assume different time periods like 5 years, 10 years, 15 years, and so on. The duration is represented as ‘n’ years.Let us now calculate the future value of the investment for n = 10 years.FV = $4,500 x (1 + 0.113)¹⁰FV = $4,500 x (1.113)¹⁰FV = $23,201.22Therefore, the future value of the investment for n= 10 years is $23,201.22.
To know more about individual retirement account visit:
https://brainly.com/question/28505061
#SPJ11