Assignment:
Below are the instructions:
Decompose IBM's ROE (by quarter) and discuss the factors (and trends) that contribute to Big Blue's profitability
Evaluate IBM's revenue growth, receivables, and gross margins over the period (be sure to control for seasonality in your evaluation)
Evaluate IBM's earnings per Share (basic), and identify the factors most responsible for the increase in IBM's earnings
Write your analysis on a Word document.
Attachment:- Financial statement data.rar