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Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $97,334 Total
Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $97,334 Total liabilities 13,207 Revenue 55,838 Net income 22,112 $84,524 10,177 Compute the return on equity for the year ended December 31, 2018. Round answer to two decimal places (ex: 0.12345 = 12.35%) %
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
