Below are some of Facebook's financial ratios for fiscal 2021 and fiscal 2020. Use this information...

  

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Below are some of Facebook's financial ratios for fiscal 2021 and fiscal 2020. Use this information to answer the following questions. To answer each question, type '2021' or '2020' in the corresponding box below (i.e., your answer for #1 goes in the first box, etc.). Please make sure to type out the entire year (e.g., '2021' or '2020' rather than '21' or '20') to ensure that D2L correctly evaluates your responses. 2021 2020 Quick Ratio 1.1 1.0 Days Receivable 7 days 8 days Return on Assets 24% 16% Gross Margin % 81% 80% Debt-to-Equity Ratio 0.5 1.3 1. Is Facebook's Quick Ratio more favorable in 2021 or 2020? 1. Is Facebook's Quick Ratio more favorable in 2021 or 2020? 2. Does Facebook's Days Receivable ratio suggest that the company is collecting receivables faster in 2021 or 2020? 3. Is Facebook's Return on Assets more favorable in 2021 or 2020? 4. Is Facebook's Gross Margin percentage more favorable in 2021 or 2020? 5. Does Facebook's Debt-to-Equity ratio suggest that the company carrying more debt per unit of equity in 2021 or 2020? Below are some of Facebook's financial ratios for fiscal 2021 and fiscal 2020. Use this information to answer the following questions. To answer each question, type '2021' or '2020' in the corresponding box below (i.e., your answer for #1 goes in the first box, etc.). Please make sure to type out the entire year (e.g., '2021' or '2020' rather than '21' or '20') to ensure that D2L correctly evaluates your responses. 2021 2020 Quick Ratio 1.1 1.0 Days Receivable 7 days 8 days Return on Assets 24% 16% Gross Margin % 81% 80% Debt-to-Equity Ratio 0.5 1.3 1. Is Facebook's Quick Ratio more favorable in 2021 or 2020? 1. Is Facebook's Quick Ratio more favorable in 2021 or 2020? 2. Does Facebook's Days Receivable ratio suggest that the company is collecting receivables faster in 2021 or 2020? 3. Is Facebook's Return on Assets more favorable in 2021 or 2020? 4. Is Facebook's Gross Margin percentage more favorable in 2021 or 2020? 5. Does Facebook's Debt-to-Equity ratio suggest that the company carrying more debt per unit of equity in 2021 or 2020?

Answer rating: 100% (QA)

Answer 1 2021 Facebook has 01 more liquid assets that can be converted in... View the full answer