prepare a written response:

Use the following ratios for Facebook to evaluate the company's 2019 performance relative to its 2018 performance in each of the areas requested. Be sure to identify the ratios used for each area and support your evaluation with the ratio values and their relationship. Ratio December 2019 December 2018 Average collection period 49.14 days 49.59 days Current ratio 4.40 times 7.19 times Debt ratio 24.23% 13.57% Inventory turnover 0.00 times 0.00 times Net profit margin 26.57% 39.60% P/E ratio 31.92 times 17.32 times ROE 18.29% 26.28% Times interest earned 0.00 times 0.00 times a. Liquidity b. Activity Debt--Leverage d. Debt-Coverage e. Profitability 1. Market (Value) C