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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:

  1. Calculate the gross profit margin for each year.
  2. Determine the operating profit margin for each year.
  3. Calculate the net profit margin for each year.
  4. Compute the return on assets (ROA) for each year.
  5. Compute the return on equity (ROE) for each year.
  6. Evaluate the trend in Apple's financial performance over these three years.

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