Question: Ratio Analysis for attached income statement: META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts) Year Ended December 31, 2021 2020



Ratio Analysis for attached income statement:


META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts) Year Ended December 31, 2021 2020 117,929 $ 85,965 $ 2019 70,697 $ 22,649 24,655 14,043 9,829 71,176 46,753 531 47,284 7,914 39,370 $ 16,692 18,447 11,591 6,564 53,294 32,671 509 33,180 4,034 29,146 ELAB 12,770 13,600 9,876 10,465 46,711 23,986 826 24,812 6,327 18,485 Revenue Costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income, net Income before provision for income taxes Provision for income taxes Net income Earnings per share attributable to Class A and Class B common stockholders: Basic Diluted Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders: Basic Diluted Share-based compensation expense included in costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total share-based compensation expense S $ $ 13.99 13.77 $ $ 10.22 10.09 6.48 6.43 $ 2,815 2,859 2,851 2,888 2,854 2,876 $ $ 577 $ 7,106 837 644 9,164 $ 447 4,918 691 480 6,536 377 3,488 569 402 4,836 $ $ See Accompanying Notes to Consolidated Financial Statements. META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) Year Ended December 31, 2021 2020 39,370 $ 29,146 $ 2019 18,485 S Net income Other comprehensive income (loss): Change in foreign currency translation adjustment, net of tax Change in unrealized gain (loss) on available-for-sale investments and other, net of tax Comprehensive income 1,056 (1,116) (504) 37,750 360 (151) 422 18,756 S 30,562 S See Accompanying Notes to Consolidated Financial Statements. 81 Complete the following ratios: 1) Net Working Capital = Current Assets - Current liabilities 2) Current Ratio = Current Assets / Current Liabilities 3) Acid test Ratio = (Current Assets inventory prepaid expenses) / Current Liabilities Net sales 4) Receivables turnover Accounts = 365 5) Average collection period Receivables turnover Cost of goods sold 6) Inventory turnover Inventories 365 7) Average days in inventory (sale period) = Inventory 8 Operating cycle = Average sale period + Average collection period 9) Total asset turnover = Net Sales / Average total assets 10) Profit Margin on Sales = Net Income / Net Sales 11) Rate of Return on Assets = Net Income / Average Total Assets 12) Debt to equity ratio = Total liabilities / Stockholder's equity 13) Rate of return on shareholders' equity = Net Income / Shareholders' equity 14) Net Profit Margin percentage = Net Income / Sales 15) Equity Multiplier Shareholders' equity = Total Assets / Shareholders' equity
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