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Facebook, Inc. and Twitter, Inc. are major players in the social media industry. Let's compare their financial positions using the following data: Facebook, Inc.:
Facebook, Inc. and Twitter, Inc. are major players in the social media industry. Let's compare
their financial positions using the following data:
Facebook, Inc.:
● Total Assets: $600 billion
● Total Liabilities: $400 billion
● Total Equity: $200 billion
● Net Income: $40 billion
Twitter, Inc.:
● Total Assets: $100 billion
● Total Liabilities: $70 billion
● Total Equity: $30 billion
● Net Income: $5 billion
Compare the following: a) Total Assets b) Total Liabilities c) Total Equity d) Net Income
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