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Compare the return on assets (ROA) of Facebook, Inc. and Google (Alphabet Inc.) using the following financial data for the year ended December 31, 2023:

Compare the return on assets (ROA) of Facebook, Inc. and Google (Alphabet Inc.) using the following financial data for the year ended December 31, 2023:

Item

Facebook, Inc.

Google (Alphabet Inc.)

Net Income

$8,000,000

$12,000,000

Total Assets

$50,000,000

$80,000,000

Question:

Which company has a higher return on assets (ROA)? Calculate the return on assets for each company and compare.

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