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Company: Facebook, Inc. (Meta Platforms, Inc.) Item Amount (in millions) Cash and Cash Equivalents $16,000 Accounts Receivable $11,000 Inventory $0 Total Current Assets $45,000 Property,
Company: Facebook, Inc. (Meta Platforms, Inc.)
Item | Amount (in millions) |
Cash and Cash Equivalents | $16,000 |
Accounts Receivable | $11,000 |
Inventory | $0 |
Total Current Assets | $45,000 |
Property, Plant, Equipment | $39,000 |
Total Assets | $160,000 |
Accounts Payable | $5,500 |
Short-term Debt | $2,000 |
Total Current Liabilities | $10,000 |
Long-term Debt | $11,000 |
Total Liabilities | $35,000 |
Total Equity | $125,000 |
Questions:
- Calculate Facebook's current ratio.
- Determine Facebook's quick ratio (acid-test ratio).
- What is Facebookâs debt to equity ratio?
- Compute the working capital of Facebook.
- If Facebook had net sales of $117,929 million and cost of goods sold of $46,025 million, what is the inventory turnover ratio?
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