solve each of the formulas in table 4-4, using exhibit 3 and 4

CASE 6FACEBOOK, INC, 20 EXHIBIT 3 Facebook's Income Statements (in millions of USD) Report Date Revenues Operating expenses EBIT December 31, 2014 $12.466 7472 4,994 December 31, 2013 7.872 5,068 alf, 84 Other income (loss) EBT 4,910 1,970 2.940 2.754 1,254 1,500 Income from continuing operations Other items Net income of the (15) 2,925 1.491 refer to Source: Based on Facebook's 2014 Annual Repont Page 57 and Yahoo Finance ons, and by one half of EXHIBIT 4 Facebook's Balance Sheets (in millions of USD) Report Date December 31, 2014 December 31, 2013 $11.449 1,109 Cash and equivalents Accounts receivable Other current assets $11.199 1,678 793 13,670 3,967 17,981 come more company's ging service 13,070 Total current assets Property, plant & equipment Goodwill 839 Iatangible assets Other assets Total assets 638 40,184 221 17.595 Liabilities Short-term debt 180 378 866 Accounts payable Other current liabilities Total current liabilities Long-term debt Other liabilities Total lHabilities 1,100 119 2,545 1,088 2,425 Common stock Retained earnings 3,159 12,311 15,470 17,895 6,099 29,997 Paid in capital and other Total equity 40,184 Total liabilities & equity Based on Facebook's 2014 Amaual Report Pago 56 and Yahoo Finance