Consolidated Statement of Income For Year ended December 31 2021 Revenue 65,705 Costs and expenses Cost...

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Consolidated Statement of Income For Year ended December 31 2021 Revenue 65,705 Costs and expenses Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income Income before income taxes Provision for income taxes Net income 11,523 8,567 6,821 5,462 32,373 33,332 1,259 34,591 5,468 29,123 Consolidated Balance Sheet As of December 31 2021 2020 Current Assets Cash 14,596 8,079 Marketable Securities 26,541 33,632 Accouns Receivable, net 8,964 5,832 Prepaid Expenses 3,561 1,020 Total Current Assets 53,662 48,563 PPE, net 27,892 13,721 Intangibles, net 2,563 1,884 Goodwill 12,699 18,221 Other assets 4,208 2,135 Total Assets 101,024 84,524 Current Liabilities Accounts Payable 1,593 380 Partners Payable 2,568 390 Accrued Expenses 8,943 2,892 Deferred Revenue 1,587 98 Total Current Liabilities 14,691 3,760 Other Liabilities 2,962 6,417 Total Liabilities 17,653 10,177 Stockholders' equity Common Stock 44,987 40,584 Accumulated other comprehensive loss (1,569) (227) Retained Earnings 39,953 33,990 Total Stockholders' equity 83,371 74,347 Total liabilities and stockholders' equity 101,024 84,524 Required 1. Compute return on equity (ROE) 2. Apply the DuPont disaggregation into return on assets (ROA) and financial leverage 3. Calculate the profitability and productivity components of ROA 4. Confirm the full DuPont disaggregation: ROE = PM x AT X FL Consolidated Statement of Income For Year ended December 31 2021 Revenue 65,705 Costs and expenses Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income Income before income taxes Provision for income taxes Net income 11,523 8,567 6,821 5,462 32,373 33,332 1,259 34,591 5,468 29,123 Consolidated Balance Sheet As of December 31 2021 2020 Current Assets Cash 14,596 8,079 Marketable Securities 26,541 33,632 Accouns Receivable, net 8,964 5,832 Prepaid Expenses 3,561 1,020 Total Current Assets 53,662 48,563 PPE, net 27,892 13,721 Intangibles, net 2,563 1,884 Goodwill 12,699 18,221 Other assets 4,208 2,135 Total Assets 101,024 84,524 Current Liabilities Accounts Payable 1,593 380 Partners Payable 2,568 390 Accrued Expenses 8,943 2,892 Deferred Revenue 1,587 98 Total Current Liabilities 14,691 3,760 Other Liabilities 2,962 6,417 Total Liabilities 17,653 10,177 Stockholders' equity Common Stock 44,987 40,584 Accumulated other comprehensive loss (1,569) (227) Retained Earnings 39,953 33,990 Total Stockholders' equity 83,371 74,347 Total liabilities and stockholders' equity 101,024 84,524 Required 1. Compute return on equity (ROE) 2. Apply the DuPont disaggregation into return on assets (ROA) and financial leverage 3. Calculate the profitability and productivity components of ROA 4. Confirm the full DuPont disaggregation: ROE = PM x AT X FL

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