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Salesforce (NYSE: CRM) is the one of the earliest cloud-based software companies with a significant growth since 1999. Please use the most recent annual (10-K)

Salesforce (NYSE: CRM) is the one of the earliest cloud-based software companies with a significant growth since 1999. Please use the most recent annual (10-K) report of Salesforce and other relevant information to provide an analysts report with the following items

The valuation of the company using ROPI model (with supporting calculations, assumptions and justifications in an excel file or a table in a word file).

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2021 $ 19,976 1,276 21.252 4.154 1.284 5.438 15.814 Revenues: Subscription and support Professional services and other Total revenues Cost of revenues (1)(2): Subscription and support Professional services and other Total cost of revenues Gross profit Operating expenses (1)(2): Research and development Marketing and sales General and administrative Loss on settlement of Salesforce.org reseller agreement Total operating expenses Income from operations Gains on strategic investments, net (3) Other expense Income before benefit from (provision for) income taxes Benefit from (provision for) income taxes (4) Net income Basic net income per share Diluted net income per share Shares used in computing basic net income per share 3.598 9,674 2.087 0 15.359 455 2.170 (64) 2,561 1.511 4,072 4.48 4.38 908 $ $ $ Consolidated Balance Sheets (in millions) January 31, 2021 $ Assets Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Costs capitalized to obtain revenue contracts, net Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease right-of-use assets, net Noncurrent costs capitalized to obtain revenue contracts, net Strategic investments Goodwill Intangible assets acquired through business combinations, net Deferred tax assets and other assets, net Total assets 6,195 5,771 7,786 1,146 991 21,889 2,459 3,204 1,715 3,909 26,318 4,114 2,693 66,301 $ 1 ... 4,355 766 12,607 17,728 2,673 2.842 1,565 24,808 Liabilities and stockholders' equity Current liabilities: Accounts payable, accrued expenses and other liabilities Operating lease liabilities, current Unearned revenue Total current liabilities Noncurrent debt Noncurrent operating lease liabilities Other noncurrent liabilities Total liabilities Commitments and contingencies (See Notes 6 and 14) Stockholders' equity: Preferred stock, $0.001 par value: 5 shares authorized and none issued and outstanding Common stock, $0.001 par value; 1,600 shares authorized, 919 and 893 issued and outstanding at January 31, 2021 and 2020, respectively Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 0 1 35,601 (42) 5,933 41,493 66,301

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