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Facebook, Inc., a social media conglomerate, reported total revenues of $86 billion and total expenses of $60 billion for the fiscal year 2021. Compute Facebook's
Facebook, Inc., a social media conglomerate, reported total revenues of $86 billion and total expenses of $60 billion for the fiscal year 2021. Compute Facebook's operating income and net income, and discuss the significance of operating leverage in enhancing profitability and shareholder value.
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