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Financial Analysis Hewlett-Packard Company (HPQ) Johnson and Johnson (JNJ) The K

ID: 2615596 • Letter: F

Question

Financial Analysis

Hewlett-Packard Company (HPQ)

Johnson and Johnson (JNJ)

The Kraft Heinz Company (KHC)

Macy's, Inc. (M)

Current Ratio = Current Assets / Current Liabilities

1

1.41

0.72

1.47

Total assets turnover ratio = Sales / Total assets

1.68

1.33

0.22

1.27

Times interest earned = EBIT / Interest expense

11.6

1992.18

5.48

5.81

Debt-to-equity ratio = Total debt / Total equity

-2.29

0.58

0.48

1.04

Net Income / Net Sales (percent) or Return on Sales (ROS)

4.85%

1.70%

41.93%

6.23%

Net Income / Total Assets (percent) or Return on Assets (ROA)

8.16%

0.87%

9.14%

7.89%

Net Income / Common Equity (percent) or Return on Equity (ROE)

0%

1.99%

17.83%

30.95%

P/E or P/E Ratio (X)

14.46

349.3

8.69

5.12

Answer the following questions based on your research:

1. How would you rank the four firms in terms of financial performance?

2. Why might their financial performances differ?

3. What economic or market factors might account for big differences in P/E ratios?

Hewlett-Packard Company (HPQ)

Johnson and Johnson (JNJ)

The Kraft Heinz Company (KHC)

Macy's, Inc. (M)

Current Ratio = Current Assets / Current Liabilities

1

1.41

0.72

1.47

Total assets turnover ratio = Sales / Total assets

1.68

1.33

0.22

1.27

Times interest earned = EBIT / Interest expense

11.6

1992.18

5.48

5.81

Debt-to-equity ratio = Total debt / Total equity

-2.29

0.58

0.48

1.04

Net Income / Net Sales (percent) or Return on Sales (ROS)

4.85%

1.70%

41.93%

6.23%

Net Income / Total Assets (percent) or Return on Assets (ROA)

8.16%

0.87%

9.14%

7.89%

Net Income / Common Equity (percent) or Return on Equity (ROE)

0%

1.99%

17.83%

30.95%

P/E or P/E Ratio (X)

14.46

349.3

8.69

5.12

Explanation / Answer

Answer 1) Financial performance of a company is crucial for shareholders ,(equity investors)

On the basis of  Return on Equity (ROE) ranking given company

Answer 2) financial performances differ due to

Answer 3) economic or market factors impact the P/E ratios

Macy's, Inc. (M) The Kraft Heinz Company (KHC) Johnson and Johnson (JNJ) Hewlett-Packard Company (HPQ)
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