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Given the following financial data for Apple Inc. for the years 2019, 2020, and 2021, perform the required analysis: 2019 2020 2021 Sales $260,174 $274,515
Given the following financial data for Apple Inc. for the years 2019, 2020, and 2021, perform the required analysis:
2019 | 2020 | 2021 | |
Sales | $260,174 | $274,515 | $365,817 |
Cost of Sales | $161,782 | $169,559 | $212,981 |
Gross Profit | $98,392 | $104,956 | $152,836 |
Operating Expenses | $34,187 | $36,096 | $43,880 |
Operating Income | $64,205 | $68,860 | $108,956 |
Net Income | $55,256 | $57,411 | $94,680 |
2019 | 2020 | 2021 | |
Total Assets | $338,516 | $323,888 | $351,002 |
Total Liabilities | $248,028 | $245,064 | $287,912 |
Shareholders' Equity | $90,488 | $78,824 | $63,090 |
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.
- Evaluate the trend in Apple's financial performance over these three years.
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