Instructions
- Review the information provided for Johnson & Johnson in the Financial Statement Analysis Case located in the Using Your Judgement section in the Chapter 10 End of Chapter Material in your eText.
- Answer the four questions.
-
Financial Statement Analysis Case
Johnson & Johnson
Johnson & Johnson, the world’s leading and most diversified healthcare corporation, serves its customers through specialized worldwide franchises. Each of its franchises consists of a number of companies throughout the world that focus on a particular healthcare market, such as surgical sutures, consumer pharmaceuticals, or contact lenses. Information related to its property, plant, and equipment in its 2014 annual report is shown in the notes to the financial statements below.
1. Property, Plant and Equipment and Depreciation
Property, plant and equipment are stated at cost. The Company utilizes the straight-line method of depreciation over the estimated useful lives of the assets:
Building and building equipment 20-40 years
Land and leasehold improvements 10-20 years
Machinery and equipment 2-13 years
4. Property, Plant and Equipment
At the end of 2014 and 2013, property, plant and equipment at cost and accumulated depreciation were:
(dollars in millions) 2014 2013
Land and land improvements $833 $885
Buildings and building equipment 10,046 10,423
Machinery and equipment 22,206 22,527
Construction in progress 3,600 3,298
36,685 37,133
Less accumulated depreciation 20,559 20,423
$16,126 $16,710
The Company capitalizes interest expense as part of the cost of construction of facilities and equipment. Interest expense capitalized in 2014, 2013 and 2012 was $115 million, $105 million and $115 million, respectively. Depreciation expense, including the amortization of capitalized interest in 2014, 2013 and 2012, was $2.5 billion, $2.7 billion and $2.5 billion, respectively.
Johnson & Johnson provided the following selected information in its 2014 cash flow statement. Johnson & Johnson 2014 Annual Report
Consolidated Financial Statements (excerpts)
Net cash flows from operating activities $18,471
Cash flows from investing activities
Additions to property, plant and equipment (3,714)
Proceeds from the disposal of assets 4,631
Acquisitions, net of cash acquired (2,129)
Purchases of investments (34,913)
Sales of investments 24,119
Other (primarily intangibles) (299)
Net cash used by investing activities (12,305)
Cash flows from financing activities
Dividends to shareholders (7,768)
Repurchase of common stock (7,124)
Proceeds from short-term debt 1,863
Retirement of short-term debt (1,267)
Proceeds from long-term debt 2,098
Retirement of long-term debt (1,844)
Proceeds from the exercise of stock options/excess tax benefits 1,782
Net cash used by financing activities (12,260)
Effect of exchange rate changes on cash and cash equivalents (310)
Increase in cash and cash equivalents (6,404)
Cash and cash equivalents, beginning of year (Note 1) 20,927
Cash and cash equivalents, end of year (Note 1) $14,523
Supplemental cash flow data
Cash paid during the year for:
Interest $603
Income taxes 3,536
Instructions
(a) What was the cost of buildings and building equipment at the end of 2014?
(b) Does Johnson & Johnson use a conservative or liberal method to depreciate its property, plant, and equipment?
(c) What was the actual interest paid by the company in 2014?
(d) What is Johnson & Johnson’s free cash flow? From the information provided, comment on Johnson & Johnson’s financial flexibility.
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Instructionspart 1 Students Will Find A Current News Article Online Or In Print
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Part 1- students will find a current news article (online or in print) about a current political event, issue, election, debate (etc.) that has taken place within the federal level of American governments or politics, in the last 3 months, News articles must be connected the topic(s) assigned to the week that they are due.
Whats a summary analysis, you say? The grandaddy of political science, Harold Lasswell, is known for defining Politics. , Ideological values, beliefs, and opinions, aside, when it comes to government and politics, his definition of the word (ironically) is probably the only thing that all mankind can agree on. Lasswell, defines politics, as “who, gets what, where, when, and how”. Apply that definition to the article’s information, or the article’s information to that definition, and write a 10 sentence summary that focuses on critically evaluating what is going on, from your personal perspective. Interject your opinion. You should be making a statement, argument, and your opinion about the subject matter, should be known. However, this needs to be done in a scholarly and academic manner. Focus on explanation, reason and rationalization, to provide a clear opinion statement and discussion of their personal perspective and political position towards the event or issue in their article. In addition, to receive full credit, students MUST include a direct link to the original article’s text that they are using to complete this assignment.
Part 2- students will review summary analyses submissions, made in part 1, and offer a rebuttal to a classmate’s current event analysis, which opposes their own. MOST IMPORTANTLY, BE CONSTRUCTIVE in your critiques; and RATIONAL in your explanation of your perspective. Rebuttals must be 5-10 sentences in length.
Both parts are to be submitted to this discussion bored. Reply directly to the original post of your peer, when completing part 2. .
You must complete part 1, and post your article with the summary analysis, before you will be able to review and respond to the post’s of your peers.
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Instructionspart Of Learning Is The Ability To Assimilate Information And Explai
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Part of learning, is the ability to assimilate information and explain it in your own words. The goal of this assignment is for you to practice using your new vocabulary and knowledge of cancer.
Part 1
Ask a family member, close friend or relative for a cancer-related question that they would like answered.
1. State your question at the top of the page.
2. Answer in at least 3 paragraphs and you should include at least 2 sources you used to answer the question which you must paraphrase, that is read and rewrite in your own words.
Citations
· Do not make your entire body of text direct quotations from your reference(s).
· If you paraphrase, you still need to put an in-text citation next to it.
· If you are unsure if you are paraphrasing correctly, it may be best to use direct quotations.
· Citation style does not matter. Use the direct URL in your in-text citation and make sure the URL leads back to your source. If we can’t find what you are referencing it will not count.
Use the following sites as a starting point to find credible information:
National Cancer Institute, The American Cancer Society,
The PubMed Data base and Medline Plus.
http://www.sciencedaily.com/ Science Daily
https://www.sciencenews.org/ Science News
Any sign of plagiarism will be investigated and you will receive a zero for the assignment and you will be reported to the Academic Honesty Board.
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Instructionsplease Used Attached Outline For Content This Course Has Introduced
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Please used attached outline for content.
This course has introduced and assessed many noteworthy figures related to the continuing evolution of the United States and its place within the world during the last 170 years. For this assignment, you will develop a PowerPoint presentation based on your Unit V Outline. The presentation should be appropriate for an audience; in other words, it needs to be thoughtfully organized, visually attractive, and clear in the message you are trying to convey.
In the Unit V Outline, you chose an influential public figure working in America from the mid-19th century to the present. Your selection did not have to be an American citizen, but you were not to choose a U.S. president.
This presentation is not meant to be a biography. You should focus on communicating the figure’s relevance in today’s modern era and highlight how society remembers him or her now.
The presentation must be a minimum of 10 slides and should address the concepts listed below.
Content
Organization
Quality of Presentation
Citations and Formatting
Librarians are available should you need assistance with your research for this assignment. Any resource available in the CSU Online Library is available to use in this assignment. Direct any questions pertaining to the assignment to your professor.
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Instructionsproject Lessons Learnedyou Were The Project Manager In Charge Of Bui
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Project Lessons Learned
You were the project manager in charge of building a house in Ashburn, Virginia. The house was a five-bedroom home estimated to cost $1.2 million dollars and had to be completed in 24 months. You have successfully built the house within cost and on time. You created a Project Budget, Project Schedule, Project Communication Plan, and Project Monitoring and Control Processes Plan for some unexpected schedule and cost problems.
Now, develop a lessons-learned document for your organization and the project stakeholders. A lessons-learned document describes procurement closure activities including administrative and contract closure activities. This lessons-learned document must include what went well, what went wrong, and suggestions for future house-building projects in Northern Virginia, which looks promising since your team was so successful in this house-building project. Explain why this document is important for your project.
Refer to Chapter 8 “Evaluating and Terminating the Project” on pages 280-298 of your Project Management in Practice textbook and Chapter 22 “Ending a Project” on pages 319-327 of your Project Management Absolute Beginner’s Guide textbook, for developing your project’s lessons-learned document.
Your Project Lessons Learned assignment should be at least two pages in length including a summarization and conclusion page. If necessary, include data from your Unit IV Project Budget, Unit V Project Schedule, and Unit VII Project Monitoring and Control Process Plan to support your lessons-learned document.
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Instructionsrape Victims And Their Rightsa 20 Year Old Girl Accuses Her Ex Boyfr
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Rape Victims and their Rights
A 20-year-old girl accuses her ex-boyfriend of raping her in a drunken rage. However, the prosecutor states that although he believes her story, there is simply not enough evidence to take the accused to trial and have a jury find him guilty beyond a reasonable doubt.
The victim turns to a voluntary organization dealing with rape victims. The organization has assigned you the task of providing her with the available options. You need to give her the following details:
In addition, you need to explain the following:
Submission Details
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Instructionsread Chapters 9 And 10 Of Judicial Process In America And Review The
/in Uncategorized /by developerInstructionsRead Chapters 9 and 10 of Judicial Process in America and review the module resources.
Define “mandatory minimum sentences” and “sentencing guidelines.” Referencing your text and resource materials, explain why we have mandatory minimum sentences and sentencing guidelines; what purpose do they serve? State your opinion as to whether mandatory minimum sentences help or hinder judicial efficiency and defend your position by explaining why and how they do so. Aslo, I would to receive my assignment 100% free of plagiarism and on time. Thanks!
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Instructionsreflect On The Main Points Discussed In The Module Six Resources Pay
/in Uncategorized /by developerInstructionsReflect on the main points discussed in the Module Six resources. Pay close attention to the sections on “peer court.” What is your opinion of peer court? What are the advantages and disadvantages of peer court in equitably resolving cases? What are alternatives to peer court? Also, 100% free of plagiarism and completed on time. Thanks!
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Instructionsresearch The Kelley Model Of Followership Beginning With The Article
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Research the Kelley model of followership beginning with the article by Bjugstad, Thach, and Thompson (2006):
Bjugstad, K., Thach, E., & Thompson, K. (2006). A fresh look at followership: A model for matching followership and leadership styles. Journal of Behavioral & Applied Management, 7(3), 304-319
Then, write an essay that addresses the following elements:
Describe Kelley’s effective followership.
Describe how a leader might utilize the Kelley model of followership to assess follower effectiveness.
Identify the categories of followers.
Explain how knowledge of effective followership can help one’s leadership perspective.
Discuss how a leader might develop individuals into more effective followers.
Utilize the CSU Online Library to locate two sources to use as references that support your essay. Your essay should be two to three pages in length.
Be sure to include the rubric elements from the guidelines below:
The introduction engages the reader in the topic with some form of creative “hook” (such as a story, quote, example, etc.) and provides a clear background for the topic so that readers can gain an understanding of the purpose of the paper.
The quality of the discussion is clear and appropriate, providing strong evidence of critical thinking.
The organization results in clarity and presents logically arranged points to support the proposed solution.
The writing is clear and concise with correct sentence structure, grammar, and punctuation, and it is free from spelling errors.
The number of credible academic sources meets or exceeds requirements, and they are properly cited using APA format.
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Instructionsreview The Following Websites Usam Criminal Resource Manual 117 Usam
/in Uncategorized /by developerInstructionsReview the following websites: USAM Criminal Resource Manual 117, USAM Criminal Resource Manual 54, and 18 USC § 5032.
In your journal, reflect on how juvenile processes are handled differently in federal courts. In your personal view, should juveniles be prosecuted in federal or state courts? Why or why not? Also, 100% free of plagiarism and read the links and attachment that is attached. Thank you!
Links:
https://www.justice.gov/jm/criminal-resource-manual-117-federal-juvenile-delinquency-code
https://www.justice.gov/jm/criminal-resource-manual-54-step-2-determine-appropriate-forum-prosecution
https://www.law.cornell.edu/uscode/text/18/5032
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Instructionsreview The Information Provided For Johnson Johnson In The Financial
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Financial Statement Analysis Case
Johnson & Johnson
Johnson & Johnson, the world’s leading and most diversified healthcare corporation, serves its customers through specialized worldwide franchises. Each of its franchises consists of a number of companies throughout the world that focus on a particular healthcare market, such as surgical sutures, consumer pharmaceuticals, or contact lenses. Information related to its property, plant, and equipment in its 2014 annual report is shown in the notes to the financial statements below.
1. Property, Plant and Equipment and Depreciation
Property, plant and equipment are stated at cost. The Company utilizes the straight-line method of depreciation over the estimated useful lives of the assets:
Building and building equipment 20-40 years
Land and leasehold improvements 10-20 years
Machinery and equipment 2-13 years
4. Property, Plant and Equipment
At the end of 2014 and 2013, property, plant and equipment at cost and accumulated depreciation were:
(dollars in millions) 2014 2013
Land and land improvements $833 $885
Buildings and building equipment 10,046 10,423
Machinery and equipment 22,206 22,527
Construction in progress 3,600 3,298
36,685 37,133
Less accumulated depreciation 20,559 20,423
$16,126 $16,710
The Company capitalizes interest expense as part of the cost of construction of facilities and equipment. Interest expense capitalized in 2014, 2013 and 2012 was $115 million, $105 million and $115 million, respectively. Depreciation expense, including the amortization of capitalized interest in 2014, 2013 and 2012, was $2.5 billion, $2.7 billion and $2.5 billion, respectively.
Johnson & Johnson provided the following selected information in its 2014 cash flow statement. Johnson & Johnson 2014 Annual Report
Consolidated Financial Statements (excerpts)
Net cash flows from operating activities $18,471
Cash flows from investing activities
Additions to property, plant and equipment (3,714)
Proceeds from the disposal of assets 4,631
Acquisitions, net of cash acquired (2,129)
Purchases of investments (34,913)
Sales of investments 24,119
Other (primarily intangibles) (299)
Net cash used by investing activities (12,305)
Cash flows from financing activities
Dividends to shareholders (7,768)
Repurchase of common stock (7,124)
Proceeds from short-term debt 1,863
Retirement of short-term debt (1,267)
Proceeds from long-term debt 2,098
Retirement of long-term debt (1,844)
Proceeds from the exercise of stock options/excess tax benefits 1,782
Net cash used by financing activities (12,260)
Effect of exchange rate changes on cash and cash equivalents (310)
Increase in cash and cash equivalents (6,404)
Cash and cash equivalents, beginning of year (Note 1) 20,927
Cash and cash equivalents, end of year (Note 1) $14,523
Supplemental cash flow data
Cash paid during the year for:
Interest $603
Income taxes 3,536
Instructions
(a) What was the cost of buildings and building equipment at the end of 2014?
(b) Does Johnson & Johnson use a conservative or liberal method to depreciate its property, plant, and equipment?
(c) What was the actual interest paid by the company in 2014?
(d) What is Johnson & Johnson’s free cash flow? From the information provided, comment on Johnson & Johnson’s financial flexibility.
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