Homework SourseThe following information was taken from Johnson Johnson an
The following information was taken from Johnson & Johnson annual reports. The principal office of Johnson & Johnson is in New Brunswick, New Jersey. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ.
Use the period 2000-02 as the base period and compute a simple index of domestic sales for each year from 2003 to 2009.
| Domestic | International | Total | |||||||
| Sales | Sales | Sales | Employees | ||||||
| Year | ($ million) | ($ million) | ($ million) | (thousands) | |||||
| 2000 | 17,016 | 11,856 | 29,172 | 100.9 | |||||
| 2001 | 20,125 | 12,492 | 32,317 | 101.8 | |||||
| 2002 | 22,155 | 13,843 | 36,298 | 108.3 | |||||
| 2003 | 25,574 | 16,588 | 41,862 | 110.6 | |||||
| 2004 | 27,570 | 19,578 | 47,348 | 109.9 | |||||
| 2005 | 28,477 | 22,137 | 50,514 | 115.6 | |||||
| 2006 | 31,275 | 23,549 | 53,324 | 122.2 | |||||
| 2007 | 33,244 | 28,651 | 61,095 | 119.2 | |||||
| 2008 | 32,309 | 31,438 | 63,747 | 118.7 | |||||
| 2009 | 30,889 | 31,008 | 61,897 | 115.5 | |||||
Solution
