Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Access the February 1, 2018 filing of the December 31, 2017, 10-K report of Facebook Inc. and complete the following requirements. Required Compute or identify

Access the February 1, 2018 filing of the December 31, 2017, 10-K report of Facebook Inc. and complete the following requirements.

Required

Compute or identify the following profitability ratios of Facebook Inc. for its years ending December 31, 2017 and December 31, 2016. Interpret its profitability using the results obtained for these two years.

Profit margin ratio.

Gross profit ratio.

Return on total assets (Only find the ratio for 2017).

Return on common stockholders equity (Only find the ratio 2017).

Basic net income per common share.

image text in transcribed

Facebook Inc (Filer) CIK: 0001326801 12 Months Ended Dec. 31, 2017 Jan. 29, 2018 Jun. 30, 2017 Print Document View Excel Document Cover Document and Entity Information - USD ($) Document and Entity $ in Billions Information Entity Information Document Type Financial Statements Amendment Flag Notes to Financial Statements Document Period End Date Document Fiscal Year Focus Accounting Policies Document Fiscal Period Focus Trading Symbol Notes Tables Entity Registrant Name Notes Details Entity Central Index Key Current Fiscal Year End Date All Reports Entity Filer Category Entity Public Float Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Class A Common Stock Entity Information Entity Common Stock, Shares Outstanding Class B Common Stock Entity Information Entity Common Stock, Shares Outstanding 10-K false Dec. 31, 2017 2017 FY FB FACEBOOK INC 0001326801 --12-31 Large Accelerated Filer $ 372 Yes No Yes 2,395,921,635 509,079,123

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services

Authors: David Ricchiute

5th Edition

0538869526, 978-0538869522

More Books

Students also viewed these Accounting questions

Question

=+v3. Determine if they are targeting the same audience.

Answered: 1 week ago

Question

=+1. Compare the copy on both sites. Are they alike or distinctive?

Answered: 1 week ago

Question

=+What kind of clients would work well in this medium?

Answered: 1 week ago