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.): Facebook, Inc. (Meta Platforms, Inc.) provided the following financial statement information for the year ended December 31, 2023: Net Sales: $20,000,000 Cost of Goods
- .): Facebook, Inc. (Meta Platforms, Inc.) provided the following financial statement information for the year ended December 31, 2023:
- Net Sales: $20,000,000
- Cost of Goods Sold: $8,000,000
- Operating Expenses: $5,000,000
- Net Income: $3,000,000
- Total Assets: $100,000,000
- Total Liabilities: $40,000,000
- Shareholders' Equity: $60,000,000 a. Calculate Facebook, Inc.'s Gross Profit Margin and Net Profit Margin. b. Determine Facebook, Inc.'s Debt Ratio and Equity Ratio. c. Analyze the composition of Facebook, Inc.'s total assets and their strategic implications. d. Recommend financial strategies for Facebook, Inc. based on its financial performance and position.
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