Question: Facebook (Meta Platforms Inc.) Data for the year ended December 31, 2023: Item Amount Total Assets $1,800,000,000 Total Liabilities $1,100,000,000 Shareholders' Equity $700,000,000 Revenue

Facebook (Meta Platforms Inc.)
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$1,800,000,000

Total Liabilities

$1,100,000,000

Shareholders' Equity

$700,000,000

Revenue

$1,400,000,000

Operating Expenses

$800,000,000

Requirements:

  1. Calculate Facebook's debt-to-equity ratio.
  2. Determine Facebook's net profit margin.
  3. Analyze the impact of total assets on Facebook's financial leverage.
  4. Discuss how Facebook recognizes revenue from advertising services.
  5. Evaluate Facebook's financial health using the quick ratio.
  6. Explain the role of the Income Measurement Objective in Facebook's financial performance and strategic decisions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!