Year Simple Index 2010 2011 2012 2013 2014 2015 2016 2017 2018 Interpret the trend in the number of employees. (Round your answer to 1 decimal place.) Compared to 2010, the number of employees is % higher.

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The following information is taken from Johnson & Johnson's annual reports. Its common stock is listed on the New York Stock
Exchange, using the symbol JNJ.
Johnson & Johnson
Employees
(thousands)
Domestic Sales
International Sales
($ million)
$29,437
($ million)
$ 32,124
36,107
Year
2010
114.0
2011
12,907
117.9
2012
29,830
31,910
37,394
127.6
2013
39,402
128.1
2014
34,782
39,548
126.5
2015
35,687
34,387
127.1
2016
126.4
37,811
39,863
34,079
2017
36,587
134.0
2018
41,884
39,697
135.1
Click here for the Excel Data File
Using 2010 as the base period, compute a simple index of the number of employees for each year from 2011 until 2018. (Round your
answers to 1 decimal place.)
The index (2010 = 100) for selected years is:
Year
Simple Index
2010
2011
2012
2013
2014
2015
2016
2017
2018
Interpret the trend in the number of employees. (Round your answer to 1 decimal place.)
Compared to 2010, the number of employees is
% higher.
Transcribed Image Text:The following information is taken from Johnson & Johnson's annual reports. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ. Johnson & Johnson Employees (thousands) Domestic Sales International Sales ($ million) $29,437 ($ million) $ 32,124 36,107 Year 2010 114.0 2011 12,907 117.9 2012 29,830 31,910 37,394 127.6 2013 39,402 128.1 2014 34,782 39,548 126.5 2015 35,687 34,387 127.1 2016 126.4 37,811 39,863 34,079 2017 36,587 134.0 2018 41,884 39,697 135.1 Click here for the Excel Data File Using 2010 as the base period, compute a simple index of the number of employees for each year from 2011 until 2018. (Round your answers to 1 decimal place.) The index (2010 = 100) for selected years is: Year Simple Index 2010 2011 2012 2013 2014 2015 2016 2017 2018 Interpret the trend in the number of employees. (Round your answer to 1 decimal place.) Compared to 2010, the number of employees is % higher.
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