How does Johnson and Johnson recognize revenue?
Sophia Koch
Updated on January 07, 2026
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
Who is the auditor for Johnson & Johnson?
In this article
| Company | Auditor | Since |
|---|---|---|
| General Electric Co. | KPMG | 1909 |
| Deere & Co. | Deloitte | 1910 |
| A.O. Smith Corp. | Ernst & Young | 1917 |
| Johnson & Johnson | PwC | 1920 |
Is Johnson and Johnson regulated?
Johnson & Johnson Consumer Health has long-supported legislation to modernize the U.S. Food and Drug Administration’s (FDA) regulatory authority over cosmetics and personal care products. Johnson & Johnson Consumer Health supports a robust, consistent frameworks for the regulation of cosmetics.
What method of depreciation does Johnson and Johnson use?
straight-line depreciation
As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life.
How many operating companies does Johnson and Johnson have?
260 companies
Johnson & Johnson (J&J) is a diversified health care giant operating through more than 260 companies located in more than 60 countries.
How many patents does Johnson and Johnson have?
JOHNSON AND JOHNSON has nine approved drugs….Summary for Johnson And Johnson.
| US Patents: | 0 |
|---|---|
| NDAs: | 9 |
Is Johnson and Johnson stock a good buy?
Overall, given the strength of its core operations, its great R&D pipeline, and its cheap valuation, Johnson & Johnson is a solid stock to buy now. Investors should consider that its shares have significant untapped value, regardless of whether it ultimately sees financial success from its coronavirus vaccine program.
What does financial reporting quality mean for Johnson and Johnson?
Financial reporting quality relates to the accuracy with which Johnson & Johnson’s reported financial statements reflect its operating performance and to their usefulness for forecasting future cash flows. Aggregate accruals deriving measures of the accrual component of Johnson & Johnson’s earnings.
What makes up the income statement of Johnson and Johnson?
The income statement (statement of earnings) reports on the performance of Johnson & Johnson, the result of its operating activities. Comprehensive income is the change in equity (net assets) of Johnson & Johnson during a period from transactions and other events and circumstances from non-owners sources.
How to find out if you are eligible for Johnson and Johnson?
You may view the income requirements below A report from your pharmacy or an Explanation of Benefits (EOB) statement from your insurer that shows your out-of-pocket costs for the current year can be requested and may be submitted with your application.
How is the profitability ratio of Johnson and Johnson calculated?
Johnson & Johnson’s profitability ratio calculated as net income divided by shareholders’ equity. Johnson & Johnson’s profitability ratio calculated as net income divided by total assets. The P/E ratio tells analyst how much an investor in Johnson & Johnson’s common stock pays per dollar of current earnings.
