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Compare the return on equity (ROE) of Facebook, Inc. and Google (Alphabet Inc.) for the fiscal year 2023: Company Facebook, Inc. Google (Alphabet Inc.) Net
- Compare the return on equity (ROE) of Facebook, Inc. and Google (Alphabet Inc.) for the fiscal year 2023:
Company | Facebook, Inc. | Google (Alphabet Inc.) |
Net Income | $30 billion | $40 billion |
Shareholders' Equity | $150 billion | $200 billion |
- Question:
- Calculate the return on equity (ROE) for both Facebook, Inc. and Google (Alphabet Inc.). Which company has a higher ROE?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
