Question: Please answer 1-5 Before attempting the Quiz in Canvas, please, answer the following questions: 1. The name of Financial Statement #1 is most probably 2.
Please answer 1-5 
Before attempting the Quiz in Canvas, please, answer the following questions: 1. The name of Financial Statement #1 is most probably 2. The name of Financial Statement #2 is most probably 3. The name of Financial Statement #3 is most probably 4. The name of Financial Statement #4 is most probably 5. Write Facebook's accounting equation as of December 31,2019 6. Was Facebook profitable in 2019 ? Over what period of time was net incomeet loss (presented in the financial statement) earned? 7. Identify what line item flows from the income statement to the statement of retained eamings. 8. Identify what line item flows from the statement of retained earnings to the balance sheet. 9. How much in total resources does Facebook have to work with? 10. How much does Facebook owe to creditors? 11. How much value attributable to the Facebook owners (investors)
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