Below are the instructions and attachment for the homework.
- 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.