I only need question three. The company being analyzed is ExxonMobil from 2018-2020

4. Did stockholder's equity change significantly from 2019 to 2020? If so, briefly explain the cause(s) for the change. (ExxonMobil) Understanding the Annual Report and 10K: Profit, Capital, and Cash Flow 1. How does current year's net income (i.e., earnings) compare with that in previous years? Compute the annual growth rate in earnings for the last three years. (For example, if earnings in Year 1 and 2 are 100 and 125 respectively, the growth rate from Year 1 to Year 2 is 25%). What earnings trend do you observe and what factors may be causing this trend? 2. Calculate the gross margin percentage (Gross Profit divided by Net Sales) for the last three years, What trend in gross margin do you observe and what factors may be causing this trend? 3. Did stockholders' equity change significantly during the year? If so, briefly explain the cause(s) for the change