Link to 10-k: https://drive.google.com/file/d/1GEllMPMdgvB5yXr43hLiYeHwGfKcwv1l/view?usp=drivesdkQuestions: 15. Find the total of their Operating Lease Liabilities (non-current) and Other Liabilities*(add them together):16. The depreciation method is:17. a) How many weeks were included in Fiscal Year 2019? b) When does the fiscal year end, is it the same as the calendar year? 18. What are the basic earnings per share as of December 31, 2019 and 2018 attributable to Class A Stock and Class B Common Stockholders*?19. How and when is advertising revenue recognized from impression-based ads? When is an impression considered delivered?20. What are the major categories of the intangible assets? 21. Write out the basic accounting equation for the 2019 year, using actual numbers from Facebook's financial statements.22. Find the Current Ratio*:23. Return on Common Stockholders' Equity (use $74,347 million for 1/1/2018)*:24. Find Days Sales in Receivables (use $5,832 million for 1/1/2018)*:25. Find the Asset Turnover (use Revenues/Total Assets; for Total Assets use $84,524 million for 1/1/2018)*:26. Research and Development Expense* (note rising R&D is considered a positive since the company is spending more money to develop new products, and vice-a-versa):27. Briefly, what are three major weaknesses/problems (2 sentences for each) Facebook has:28. Briefly, what are three major strengths (2 sentences for each) Facebook has:29. What is the current price and PE ratio of 1 share of common stock of Facebook. Write the time and date you used, and for the PE use the TTM - which means Trailing Twelve Months (use Yahoo - Finance for this information). 30. What is the definition and meaning of DAU? What is the number of worldwide DAUs in millions for each year of 2019, 2018, and 2017*?

Download the two documents, then answer the questions in this Word document. You will use Facebook's 10-K information - in the pdf file use the "search" feature to find key words. For numerical questions (marked with *), give answers for the two full years 2019 and 2018 (in that order), and then determine whether it is a favorable trend or an un-favorable trend. For some questions I have indicated if a trend is not applicable (n/a). For example, if Depreciation Expense became larger, we would need to do more analysis to determine if this was a favorable trend or not. Write your numeric* answers like these two examples: The Current Ratio has increased to 2.5 in 2019, from 2.1 in 2018. This is a Favorable Trend. Inventory decreased to $5.6 million in 2019, from $6.7 million in 2018. This is n/a. Round answers to 1 decimal point; and use a 365 day year. In this analysis dollars will be stated in millions - so you don't have to add 6 zeroes to each dollar figure, just use the numbers as in the 10-K (example - just write $4,000 instead of $4,000,000,000). Each question is worth 4 points, for a total of 120 points