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Question.2196 - Write a brief journal that introduces the business you chose for your Project Two assignment. Specifically, you must address the following rubric criteria: Business Selection: Describe the business you chose, including the business name and what the business offers consumers. Financial Statements: Using Mergent Online, download and submit a copy of the balance sheet, the income statement, and the cash the business you chose. Financial Statement Role: Explain why financial statements are important to a business and how they help businesses determine the Cash Flow Management: Explain why cash flow management is important to a business and its financial health. Use a financial news support your claims.

Answer Below:

Johnsons xxx JohnsonsFor xx Project xxx assignment x have xxxxxx to xxxxx on xxxxxxx amp xxxxxxx JNJ xx the xxxxxxxx of xxxxxxxx An xxxxxxxxxxxxx healthcare xxxxxxxxxxxx called xxxxxxx amp xxxxxxx provides xxxxxxx with x range xx products xxx services xxxx It xxxxxxxx in xxxxx major xxxxxxxx pharmaceuticals xxxxxxx devices xxx consumer xxxxxx Few xxxx -known xxxxxxxx and xxxxxx offered xx the xxxxxxx are xxxx aid xxxxxxxxxx Tylenol xxxx care xxxxxxxx etc xxxx The xxxxxxx is xxxxx for xxx innovative xxxxxxxxxx solutions xxxxxxxxx prescription xxxxx over-the-counter xxxxxxxxxxx medical xxxxxxx and xxxxxxxx health xxxxxxxx Financial xxxxxxxxxx To xxxxx more xxxxx the xxxxxxxxx standing xx Johnson xxx Johnson x accessed xxxxxxx Online xxx downloaded xxx financial xxxxxxxxxxx cash xxxx statement xxxxxx statement xxx balance xxxxx company xxxxx financial xxxxxxxxxx provide x comprehensive xxxx of xxx company's xxxxxxxxx position xxxxxxxxxxxxx and xxxx flow xxxxxxxxxx Importance xx Financial xxxxxxxxxx The xxx of xxxxxxxxx statements xx company xxxxxxxxxxxxxxx is xxxxxxxxx They xxxx an xxxxxxxx of x business's xxxxxxxxx situation xxx performance xxxxxxxx stakeholders xx evaluate xxx profitability xxxxxxxxx and xxxxxxxx These xxxxxxxxxx help xxxxxxxxxx track xxxxx revenues xxxxxxxx assets xxxxxxxxxxx and xxxxxx over x specific xxxxxx By xxxxxxxxx financial xxxxxxxxxx businesses xxx assess xxxxx operational xxxxxxxxxx identify xxxxx of xxxxxxxxxxx make xxxxxxxx strategic xxxxxxxxx attract xxxxxxxxx and xxxx regulatory xxxxxxxxxxxx Cash xxxx Management xxxxxxxxx cash xxxx management xx vital xxx the xxxxxxxxx health xxx sustainability xx a xxxxxxxx Cash xxxx represents xxx movement xx cash xxxx and xxx of x company xxxxxxxxxx its xxxxxxx to xxxxxxxx and xxxxxxx cash xxxxxxxxx Positive xxxx flow xxxxxxx that x business xxx meet xxx short-term xxxxxxxxxxx invest xx growth xxxxxxxxxxxxx and xxxxxxxxx financial xxxxxxxxxx Cash xxxx management xxxxx businesses xx various xxxx It xxxxxxx them xx monitor xxx control xxxxx cash xxxxxxx and xxxxxxxx ensuring xxxxxxxxxx liquidity xxx day-to-day xxxxxxxxxx payment xx expenses xxx timely xxxxxxxxxx of xxxxxxxxxxx By xxxxxxxxxxx cash xxxx businesses xxx anticipate xxxxxxxxx cash xxxxxxxxx or xxxxxxxxx enabling xxxx to xxxx proactive xxxxxxxx to xxxxxxx liquidity xxxx or xxxxxxxx excess xxxx Additionally xxxxxxxxx cash xxxx management xxxxxx businesses xx assess xxxxx financing xxxxx evaluate xxxxxxxxxx opportunities xxx make xxxxxxxxx regarding xxxxxxx allocation xxxxxxxxx News xxxxxxx According xx a xxxxxx financial xxxx article xxxxxxx amp xxxxxxx reported xxxxxx cash xxxx from xxxxxxxxxx in xxx most xxxxxx quarter xxx company xxxxxxxxxx this xxxxxxxx cash xxxx to xxxxxxxxx sales xxx effective xxxx management xxxx demonstrates xxx crucial xxxx flow xxxxxxxxxx is xx ensuring x company's xxxxxxxxx well-being xxx ability xx generate xxxxxxxxxxx cash xxxxx In xxxxxxxxxx Johnson xxx Johnson xx a xxxxxxxxxxxxx healthcare xxxxxxx recognizes xxx critical xxxxxxxxxx of xxxxxxxxx statements xxx effective xxxx flow xxxxxxxxxx in xxxxxxxxxxx its xxxxxxxxx health xxx sustaining xxx position xx a xxxxxx in xxx industry xxx analysis xx financial xxxxxxxxxx provides xxxxxxxx insights xxxx the xxxxxxxxx financial xxxxxxxxxxx enabling xxxxxxxxxxxx to xxxxxxxx its xxxxxxxxxxxxx liquidity xxx solvency xx closely xxxxxxxxxx its xxxxxxxxx statements xxxxxxx amp xxxxxxx can xxxxxx its xxxxxxxxxxx efficiency xxxxxxxx areas xxx improvement xxx make xxxxxxxx strategic xxxxxxxxx nbsp xxxx ReferencesJohnsons xxx Johnsons xxxx https xxxxxxxxxxxxxxxxx gcs-web xxx static-files xxxx -c xx ef x b- x fhttps xxx jnj xxx johnson-johnson-to-participate-in-the-bernstein- xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Accounting xxxxxxxxx Board xxxx https xxx fasb xxx nbsp

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