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Unformatted text preview: 3. What is the current (quarterly) total Debt/Equity ratio for Johnson and Johnson? Is this good? Explain? (4 points) 0.06- this is good, because their debt (liabilities) in relation to their stockholders equity is very low. The higher the debt to equity ratio, the more aggressive the financing of the company is. Extra credit for Wall Street Journal information (5 Points). Answer ONE of the following. (Indicate which question you are answering) 1. On 9/15/2006, the FASB issued a new Statement of Financial Accounting. What statement was it and what did it say? Statement of Financial Accounting Standards No. 157, Fair Value Measurements. It provides enhanced guidance for using fair value to measure assets and liabilities....
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This note was uploaded on 09/25/2008 for the course HIST eng101 taught by Professor Bobe during the Spring '08 term at Rutgers.
- Spring '08