Financial Ratios - Facebook, Inc.

Facebook, Inc. has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $154,908 million
• Total Liabilities: $60,322 million
• Net Income: $28,695 million
• Total Revenue: $98,745 million
• Total Expenses: $70,050 million
• Average Shareholders' Equity: $94,113 million

Calculate the following financial ratios for Facebook, Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Facebook, Inc. based on these ratios.