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Analyze the horizontal changes in the balance sheet of Facebook Inc. for the years 2022 and 2023: Item 2022 ($) 2023 ($) Current Assets 400,000
Analyze the horizontal changes in the balance sheet of Facebook Inc. for the years 2022 and 2023:
Item | 2022 ($) | 2023 ($) |
Current Assets | 400,000 | 450,000 |
Long-term Investments | 300,000 | 350,000 |
Property, Plant & Equipment | 600,000 | 700,000 |
Total Assets | 1,300,000 | 1,500,000 |
Current Liabilities | 200,000 | 250,000 |
Long-term Liabilities | 300,000 | 350,000 |
Shareholders' Equity | 800,000 | 900,000 |
Total Liabilities & Equity | 1,300,000 | 1,500,000 |
Requirements:
- Calculate the percentage change for each item from 2022 to 2023.
- Identify the item with the highest percentage increase.
- Analyze the overall growth in total assets.
- Determine the changes in the company's financial structure.
- Evaluate the growth in shareholders' equity.
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