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1. Selected balance sheet and income statement information for Facebook Inc. follows. $ millions Dec 31, 2018 Dec 31, 2017 Total assets 97,334 84,524 Total

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1. Selected balance sheet and income statement information for Facebook Inc. follows. $ millions Dec 31, 2018 Dec 31, 2017 Total assets 97,334 84,524 Total liabilities 13,207 10,177 Revenue 55,838 Net income 22, 112 Return on equity (using the definition in the class slide) the year ended December 31, 2018 is: a. 27.91% b. 24.32% c. 22.72% d. 26.28% 2. Based on the same information as in Question 1, return on assets (using the definition in the class slide) for the year ended December 31, 2018 is: a. 27.91% b. 24.32% c. 22.72%

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