E Business Course Return to course Question 4 Not yet answered Marked out of 12.00 Rag question Compute ROE and Nonoperating Return with Negative NNO and No Noncontrolling interest Refer to the balance sheets and income statement below for Facebook Inc. FACEBOOK INC. Consolidated Statement of income For Year Ended December 31, 5 millions 2018 Revenue 557.513 Costs and expenses Cost of revenue 9,355 Research and development 10,273 Marketing and sales 7.846 General and administrative 3.451 Total costs and expenses 30.925 Income from operations 26,588 Interest and other income (expense) net 448 Income before provision for income taxes 27,036 Provision for income taxes 3,249 Net income $23,787 2018 FACEBOOK INC. Consolidated Balance Sheet At December 31, S millions 2017 Current assets Cash and cash equivalents $10,019 $8.079 Marketable securities 31.095 33,632 Accounts receivable, net 7.815 5,832 Prepaid expenses and other current assets 1.779 1,020 Total current assets 50,708 48.563 Property and equipment net 24,683 13.721 Intangible assets, net 1.294 1.884 Goodwill 18,301 18.221 Other assets 52.576 $2.135 Total assets $97.562 584524 Current liabilities 5820 $390 Accounts payable 541 390 Partners payable 5.509 2,892 Accrued expenses and other current liabilities 147 ng arradinherite Type here to search o Cash and cash equivalents $10,019 $8,079 Marketable securities 31.095 33.632 Accounts receivable, net 7.815 5,832 Prepaid expenses and other current assets 1,779 1020 Total current assets 50.708 49,563 Property and equipment. net 24683 13.721 Intangible assets. net 3.294 1.884 Goodwill 18.301 18,221 Other assets $2.576 52.135 Total assets $97.562 584 524 Current liabilities Accounts payable 5820 $380 Partners payable 541 390 Accrued expenses and other current liabilities 5.509 2,892 Deferred revenue and deposits 147 98 Total current liabilities 7,017 3.760 Other liabilities 6.190 6,417 Total liabilities 13207 10.177 Stockholders' equity Common stock and additional pald-in capital 42.905 40.594 Accumulated other comprehensive loss (760) (227) Retained earnings 42,209 33,990 Total stockholders' equity 84.355 74 347 Total liabilities and stockholders' equity 597,562 584.524 Use these financial statements to answer the requirements. Required For the 2018 fiscal year, Facebook had a return on net operating assets (RNOA) of 61.78%. a. Compute ROE Note: Round percentage to two decimal places (for example, enter 6.66% for 6.6555%). Type here to search 75% TOMY CADO the financial statements to awer the requirements Required For the 2011 local year, Facebook had a return on net operating anses (ROA) of 61.784 a Computer ROE Note: Round percentage to two decimal places for example.enter 6.66% for 66555 b. Computer net nonoperating obligations (NNO) for 2018 and 2017. net nonoperating expense (NN), and the NNE as a percentage of NNO INNEPI astuming a 22e statimory tax cute, Note: Round NNEP percentage to two decimal places for example, enter 6.666 for 6.6555 2018NNO million 2017 NNO: million 2018 NNES million 2010 NNE Compute FLEV and Spread Notes For FLEV, round amount to four decimal places for example, enter 5.7756 for 6.775555) Note: Round Spread percentage to two decimal places for example, enter 6.66 for 6.6555) 2018 FEV 2011: Spread d. Show that ROERNOAREV Spread Notes For FLEV, round amount to four decimal places for example, enter 6.7756 for 6775555), Note:For RNOA Spread, and ROL.round percentages to two decimal places for example, enter 6.66 for 6.6555) HOA What the honoperating return for the year Note Round Spread percentage to two decimal places for example.enter 6.6 for 6.65554)