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Show calculation for Price-Earnings ratio for the following financial statements for 2019. S 1,363 $ 820 886 541 800 11,735 269 5,509 147 7,017 Liabilities

Show calculation for Price-Earnings ratio for the following financial statements for 2019.image text in transcribedimage text in transcribed

S 1,363 $ 820 886 541 800 11,735 269 5,509 147 7,017 Liabilities and stockholders' equity Current liabilities: Accounts payable Partners payable Operating lease liabilities, current Accrued expenses and other current liabilities Deferred revenue and deposits Total current liabilities Operating lease liabilities, non-current Other liabilities Total liabilities Commitments and contingencies Stockholders' equity: Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively; 4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively. Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 15,053 9,524 7,745 32,322 6,190 13,207 45,851 (489) 55,692 101,054 133,376 42,906 (760) 41,981 84,127 97,334 2018 2019 70,697 2017 40,653 $ $ 55,838 $ Revenue Costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income, net Income before provision for income taxes Provision for income taxes 12,770 13,600 9,876 10,465 46,711 23,986 826 24,812 6,327 18,485 9,355 10,273 7,846 3,451 30,925 24,913 448 5,454 7,754 4,725 2,517 20,450 20,203 391 20,594 4,660 15,934 (14) 15,920 $ 25,361 3,249 22,112 (1) 22,111 $ $ $ 18,485 $ $ Net income Less: Net income attributable to participating securities Net income attributable to Class A and Class B common stockholders Earnings per share attributable to Class A and Class B common stockholders: Basic Diluted Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders: Basic 6.48 $ 7.65 $ 5.49 $ = $ 6.43 S 7.57 $ 5.39 2,854 2,890 2,901 2,876 2,921 2.956 $ 377 $ 284 $ Diluted Share-based compensation expense included in costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total share-based compensation expense 3,488 569 3,022 511 178 2,820 436 289 402 335 $ 4,836 S 4,152 $ 3,723 S 1,363 $ 820 886 541 800 11,735 269 5,509 147 7,017 Liabilities and stockholders' equity Current liabilities: Accounts payable Partners payable Operating lease liabilities, current Accrued expenses and other current liabilities Deferred revenue and deposits Total current liabilities Operating lease liabilities, non-current Other liabilities Total liabilities Commitments and contingencies Stockholders' equity: Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively; 4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively. Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 15,053 9,524 7,745 32,322 6,190 13,207 45,851 (489) 55,692 101,054 133,376 42,906 (760) 41,981 84,127 97,334 2018 2019 70,697 2017 40,653 $ $ 55,838 $ Revenue Costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income, net Income before provision for income taxes Provision for income taxes 12,770 13,600 9,876 10,465 46,711 23,986 826 24,812 6,327 18,485 9,355 10,273 7,846 3,451 30,925 24,913 448 5,454 7,754 4,725 2,517 20,450 20,203 391 20,594 4,660 15,934 (14) 15,920 $ 25,361 3,249 22,112 (1) 22,111 $ $ $ 18,485 $ $ Net income Less: Net income attributable to participating securities Net income attributable to Class A and Class B common stockholders Earnings per share attributable to Class A and Class B common stockholders: Basic Diluted Weighted-average shares used to compute earnings per share attributable to Class A and Class B common stockholders: Basic 6.48 $ 7.65 $ 5.49 $ = $ 6.43 S 7.57 $ 5.39 2,854 2,890 2,901 2,876 2,921 2.956 $ 377 $ 284 $ Diluted Share-based compensation expense included in costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total share-based compensation expense 3,488 569 3,022 511 178 2,820 436 289 402 335 $ 4,836 S 4,152 $ 3,723

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