Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018
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Question:
Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $100,756 $87,946 Total liabilities 16,629 13,599 Revenue 59,260 Net income 25,534
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.
Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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