Question: Return on Assets (ROA) Analysis for Facebook, Inc. : Analyze the return on assets (ROA) for Facebook, Inc. for the fiscal year 2023 based on

  1. Return on Assets (ROA) Analysis for Facebook, Inc.:

Analyze the return on assets (ROA) for Facebook, Inc. for the fiscal year 2023 based on the following information:

    • Net Income: $8,000,000
    • Total Assets: $50,000,000

Requirement: Calculate the return on assets for Facebook, Inc. and interpret its effectiveness in generating profits relative to its asset base.

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!