Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using the following financial data for Facebook (Meta Platforms) for the years 2019, 2020, and 2021, perform the financial analysis: 2019 2020 2021 Revenue $70,697
Using the following financial data for Facebook (Meta Platforms) for the years 2019, 2020, and 2021, perform the financial analysis:
2019 | 2020 | 2021 | |
Revenue | $70,697 | $85,965 | $117,929 |
Cost of Revenue | $13,439 | $16,692 | $21,469 |
Gross Profit | $57,258 | $69,273 | $96,460 |
Operating Expenses | $30,932 | $36,113 | $48,014 |
Operating Income | $26,326 | $33,160 | $48,446 |
Net Income | $18,485 | $29,146 | $39,370 |
2019 | 2020 | 2021 | |
Total Assets | $133,376 | $159,316 | $165,992 |
Total Liabilities | $32,497 | $37,926 | $41,196 |
Shareholders' Equity | $100,879 | $121,390 | $124,796 |
Requirements:
- Calculate the gross profit margin for each year.
- Determine the operating profit margin for each year.
- Calculate the net profit margin for each year.
- Compute the return on assets (ROA) for each year.
- Compute the return on equity (ROE) for each year.
- Discuss the financial performance trend of Facebook (Meta Platforms).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started