given the following data for merck calculate the equity ratios for 2003 and 2002 the 624905

Merck & Co., Inc. is a world leader in the discovery, development, manufacture and marketing of a broad range of human and animal health products. The company, which has 70,000 employees, spends over USD 2 billion every year on the research and development of new drugs. As of the end of 2, its 2.2 billion shares are valued in the stock market for a total of USD 132 billion. Given the following data for Merck, calculate the equity ratios for 2003 and 2002. Then comment on the results.