Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Analyze the financial data of AT&T Inc. for the years 2018, 2019, and 2020 provided below: 2018 2019 2020 Revenue $170,756 $181,193 $171,760 Cost of
Analyze the financial data of AT&T Inc. for the years 2018, 2019, and 2020 provided below:
2018 | 2019 | 2020 | |
Revenue | $170,756 | $181,193 | $171,760 |
Cost of Revenue | $97,670 | $103,456 | $97,486 |
Gross Profit | $73,086 | $77,737 | $74,274 |
Operating Expenses | $51,998 | $56,736 | $52,616 |
Operating Income | $21,088 | $21,001 | $21,658 |
Net Income | $19,370 | $14,975 | $11,856 |
2018 | 2019 | 2020 | |
Total Assets | $517,727 | $551,669 | $551,365 |
Total Liabilities | $332,966 | $344,399 | $355,331 |
Shareholders' Equity | $184,761 | $207,270 | $196,034 |
Requirements:
- Calculate the gross profit margin for each year.
- Determine the operating profit margin for each year.
- Calculate the net profit margin for each year.
- Compute the return on assets (ROA) for each year.
- Compute the return on equity (ROE) for each year.
- Discuss the financial performance trend of AT&T Inc.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started