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The following information applies to the questions displayed below.) The following accounts are taken from the financial statements of Facebook Inc, at September 30, 2016.
The following information applies to the questions displayed below.) The following accounts are taken from the financial statements of Facebook Inc, at September 30, 2016. (Amounts are in millions) Accounts Payable Accounts Receivable Cash Common Stock Equipment Income Tax Expense Interest Expense Notes Payable (long-term) Prepaid Rent Retained Earnings Service Ravenue Short-Term Investments Software $1,350 400 3,600 12,400 3,150 400 150 1,400 1,600 3,600 10,300 7.300 2,700 2. Using the balance sheet, indicate whether the total assets of Facebook Inc at the end of the year were financed primarily by llabilities or by stockholders' equity. The total assets were financed primarily by stockholders equity. The total assets were financed primarily by liabilities
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