Question
Facebook, Inc. is evaluating its working capital for the quarter ending June 30, 20X9. The following data is provided: Current Assets: $60,000,000 Current
Facebook, Inc. is evaluating its working capital for the quarter ending June 30, 20X9. The
following data is provided:
● Current Assets: $60,000,000
● Current Liabilities: [Calculation 14]
● Inventory: $10,000,000
● Accounts Receivable: $25,000,000
Calculate the following:
a) Current Liabilities b) Working Capital c) Current Ratio d) Quick Ratio
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Financial Statement Analysis and Security Valuation
Authors: Stephen Penman
5th edition
78025311, 978-0078025310
