Question
Compare the return on investment (ROI) of Alphabet Inc. (Google) and Facebook, Inc. using the financial data for the year 2023: Company Alphabet Inc. (Google)
Compare the return on investment (ROI) of Alphabet Inc. (Google) and Facebook, Inc. using the financial data for the year 2023:
Company | Alphabet Inc. (Google) | Facebook, Inc. |
Net Income | $50 billion | $30 billion |
Total Assets | $300 billion | $200 billion |
Return on Investment (ROI) |
Question:
Which company has a higher return on investment (ROI) for the year 2023? Calculate the ROI for each company and compare.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
9780077515904, 007802529X, 77515900, 978-0078025297
