Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $100,538 $87,728 Total liabilities 16,411 13,381 Revenue 59,042 Net income 25,316 Compute the return on equity for the year ended December 31, 2018. Note: 1. Select the appropriate numerator and denominator used to compute ROE from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 ROE. Numerator Denominator ROE Answer Answer
Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $100,538 $87,728 Total liabilities 16,411 13,381 Revenue 59,042 Net income 25,316 Compute the return on equity for the year ended December 31, 2018. Note: 1. Select the appropriate numerator and denominator used to compute ROE from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 ROE. Numerator Denominator ROE Answer Answer
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 54CE
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Compute ROE
Selected balance sheet and income statement for Facebook Inc. follows.
$ millions | Dec. 31, 2018 | Dec. 31, 2017 |
---|---|---|
Total assets | $100,538 | $87,728 |
Total liabilities | 16,411 | 13,381 |
Revenue | 59,042 | |
Net income | 25,316 |
Compute the
Note: 1. Select the appropriate numerator and denominator used to compute ROE from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 ROE.
Numerator | Denominator | ROE | |
---|---|---|---|
Answer | Answer | ||
Answer | Answer |
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