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Company: Facebook, Inc. (Meta Platforms, Inc.) Item Amount (in millions) Cash and Cash Equivalents $58,100 Accounts Receivable $11,500 Inventory $1,200 Total Current Assets $82,300 Property,

Company: Facebook, Inc. (Meta Platforms, Inc.)

Item

Amount (in millions)

Cash and Cash Equivalents

$58,100

Accounts Receivable

$11,500

Inventory

$1,200

Total Current Assets

$82,300

Property, Plant, Equipment

$44,000

Total Assets

$138,300

Accounts Payable

$14,300

Short-term Debt

$3,700

Total Current Liabilities

$25,000

Long-term Debt

$12,000

Total Liabilities

$47,500

Total Equity

$90,800

Questions:

  1. Calculate Facebook's current ratio.
  2. Determine Facebook's quick ratio (acid-test ratio).
  3. What is Facebook’s debt to equity ratio?
  4. Compute the working capital of Facebook.
If Facebook had net sales of $86,000 million and cost of goods sold of $31,000 million, what is the inventory turnover ratio?

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