Using the financial data of Goldman Sachs provided below for the years 2018, 2019, and 2020, perform
Fantastic news! We've Found the answer you've been seeking!
Question:
Using the financial data of Goldman Sachs provided below for the years 2018, 2019, and 2020, perform the required analysis:
2018 | 2019 | 2020 | |
Revenue | $36,616 | $35,387 | $44,560 |
Cost of Revenue | $16,209 | $16,045 | $18,950 |
Gross Profit | $20,407 | $19,342 | $25,610 |
Operating Expenses | $13,738 | $13,328 | $15,760 |
Operating Income | $6,669 | $6,014 | $9,850 |
Net Income | $4,286 | $4,466 | $6,893 |
2018 | 2019 | 2020 | |
Total Assets | $935,352 | $992,976 | $1,163,228 |
Total Liabilities | $876,248 | $925,788 | $1,080,650 |
Shareholders' Equity | $59,104 | $67,188 | $82,578 |
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 and health of Goldman Sachs over these three years.
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Posted Date: