Vs. Facebook (please answer as much as possible)

4. Calculate the 2021 accounts receivable turnover ratio for Twitter. Note: Be sure to average the beginning and ending AR first, before calculating the final ratio. (6 pts) 5. Calculate the 2021 accounts receivable turnover ratio for Facebook. Note: Be sure to average the beginning and ending AR first, before calculating the final ratio. (6 pts) 6. Calculate the average collection period for each company. (8 pts) Show answer as number of days plus 2 decimals. 7. Which company has a better receivable turnover ratio and why? Explain in a short paragraph (4 pts) 8. Calculate the 2021 return on assets for Twitter. Note: Be sure to average the beginning and ending assets first, before calculating the final ratio. ( 6 pts) 9. Calculate the 2021 return on assets for Facebook. Note: Be sure to average the beginning and ending assets first, before calculating the final ratio. (6 pts) 10. Which company has a better return on assets and why? Explain in a short paragraph. (4 pts) 11. Calculate the 2021 debt to equity ratio for Twitter. ( G pts) 12. Calculate the 2021 debt to equity ratio for Facebook. (6 pts) 13. Describe in a short paragraph what the debt-to-equity ratio measures and why this would be important to a potential creditor. (4 pts) 14. Calculate the 2021 "net" profit margin for Twitter. (4 pts) Note: This is not the same as "gross profit". Show answer as a percentage plus 2 decimals. 15. Calculate the 2021 "net" profit margin for Facebook. (4 pts) Note: This is not the same as "gross profit". Show answer as a percentage plus 2 decimals. 16. Which company has a better profit margin and why? Explain in a short paragraph. (4 pts) 17. In a paragraph or two, please explain which company you would rather invest in and explain why. Give at least three reasons why based on your ratio analysis. 12pts) 18. Name the auditors for each company. Note: The audit opinion is usually right before or after the financial statements. (4 pts) TWITTER, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except par value) \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{ Assets } & \multicolumn{2}{|c|}{\begin{tabular}{c} December 31, \\ 2021 \end{tabular}} & \multicolumn{2}{|r|}{\begin{tabular}{c} December 31, \\ 2020 \end{tabular}} \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & $ & 2,186,549 & $ & 1,988,429 \\ \hline Short-term investments & & 4,207,133 & & 5,483,873 \\ \hline \begin{tabular}{l} Accounts receivable, net of allowance for doubtful accounts of $15,278 and \\ $16,946 \end{tabular} & & 1,217,404 & & 1,041,743 \\ \hline Prepaid expenses and other current assets & & 266,484 & & 123,063 \\ \hline Assets held for sale & & 40,800 & & - \\ \hline Total current assets & & 7,918,370 & & 8,637,108 \\ \hline Property and equipment, net & & 2,082,160 & & 1,493,794 \\ \hline Operating lease right-of-use assets & & 1,195,124 & & 930,139 \\ \hline Intangible assets, net & & 69,324 & & 58,338 \\ \hline Goodwill & & 1,301,520 & & 1,312,346 \\ \hline Deferred tax assets, net & & 1,148,573 & & 796,326 \\ \hline Other assets & & 344,445 & & 151,039 \\ \hline Total assets & $ & 14,059,516 & $ & 13,379,090 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Total assets & 14,059,516 & 13,379,090 \\ \hline Liabilities and stockholders' equity & & \\ \hline Current liabilities: & & \\ \hline Accounts payable & 203,171 & 194,281 \\ \hline Accrued and other current liabilities & 918,350 & 663,532 \\ \hline Convertible notes, short-term & - & 917,866 \\ \hline Operating lease liabilities, short-term & 222,346 & 177,147 \\ \hline Total current liabilities & 1,343,867 & 1,952,826 \\ \hline Convertible notes, long-term & 3,559,023 & 1,875,878 \\ \hline Senior notes, long-term & 693,996 & 692,994 \\ \hline Operating lease liabilities, long-term & 1,071,209 & 819,748 \\ \hline Deferred and other long-term tax liabilities, net & 40,691 & 31,463 \\ \hline Other long-term liabilities & 43,531 & 36,099 \\ \hline Total liabilities & 6,752,317 & 5,409,008 \\ \hline Commitments and contingencies (Note 16) & & \\ \hline Stockholders' equity: & & \\ \hline \begin{tabular}{l} Preferred stock, $0.000005 par value-- 200,000 shares authorized; none issued \\ and outstanding \end{tabular} & - & - \\ \hline \begin{tabular}{l} Common stock, $0.000005 par value-- 5,000,000 shares authorized; 799,384 \\ and 796,000 shares issued and outstanding \end{tabular} & 4 & 4 \\ \hline Additional paid-in capital & 8,432,112 & 9,167,138 \\ \hline \end{tabular} TWITTER, INC. CONSOLIDATED STATEMENTS OF OPERATIONS TWITTER, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Net income (loss) per share: } \\ \hline Basic & (0.28) & (1.44) & 1.90 \\ \hline Diluted & & & \\ \hline \multicolumn{4}{|c|}{ Weighted-average shares used to compute net income (loss) per share: } \\ \hline Basic & 797,573 & 787,861 & 770,729 \\ \hline Diluted & & & 785,531 \\ \hline \end{tabular} The accompanying notes are an integral part of these consolidated financial statements. TWITTER, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In thousands) The accompanying notes are an integral part of these consolidated financial statements. TWITTER, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (In thousands) Year Ended December 31. The accompanying notes are an integral part of these consolidated financial statements. TWITTER, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) \begin{tabular}{|c|c|c|c|} \hline Accrued and other liabilities & 260,475 & 123,345 & 92,681 \\ \hline Operating lease liabilities & (184,151) & (152,531) & (130,205) \\ \hline Net cash provided by operating activities & 632,689 & 992,870 & 1,303,364 \\ \hline \multicolumn{4}{|l|}{ Cash flows from investing activities } \\ \hline Purchases of property and equipment & (1,011,546) & (873,354) & (540,688) \\ \hline Proceeds from sales of property and equipment & 8,462 & 9,170 & 6,158 \\ \hline Purchases of marketable securities & (3,736,659) & (6,272,395) & (5,798,111) \\ \hline Proceeds from maturities of marketable securities & 3,811,768 & 4,554,238 & 4,928,097 \\ \hline Proceeds from sales of marketable securities & 1,172,626 & 1,092,754 & 367,116 \\ \hline Purchases of investments in privately-held companies & (39,761) & (11,912) & (51,163) \\ \hline Investments in Finance Justice Fund & (69,500) & - & - \\ \hline Business combinations, net of cash acquired & (32,702) & (48,016) & (29,664) \\ \hline Other investing activities & (50,065) & (11,050) & 2,281 \\ \hline Net cash provided by (used in) investing activities & \begin{tabular}{lll} 52,623 \\ \end{tabular} & \begin{tabular}{l} (1,560,565) \\ \end{tabular} & (1,115,974) \\ \hline \multicolumn{4}{|l|}{ Cash flows from financing activities } \\ \hline Proceeds from issuance of convertible notes & 1,437,500 & 1,000,000 & - \\ \hline Proceeds from issuance of senior notes & - & - & 700,000 \\ \hline Purchases of convertible note hedges & (213,469) & - & - \\ \hline Proceeds from issuance of warrants concurrent with note hedges & 161,144 & - & - \\ \hline Debt issuance costs & (16,769) & (14,662) & (8,070) \\ \hline Repayment of convertible notes & (954,000) & - & (935,000) \\ \hline Repurchases of common stock & (930,530) & (245,292) & - \\ \hline Taxes paid related to net share settlement of equity awards & (26,982) & (22,587) & (19,594) \\ \hline Payments of finance lease obligations & (565) & (23,062) & (66,677) \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline Payments of finance lease obligations & & (565) & & (23,062) & & (66,677) \\ \hline Proceeds from exercise of stock options & & 2,056 & & 5,442 & & 788 \\ \hline Proceeds from issuances of common stock under employee stock purchase plan & & 68,792 & & 55,471 & & 42,378 \\ \hline Net cash provided by (used in) financing activities & & (472,823) & & 755,310 & & (286,175) \\ \hline Net increase (decrease) in cash, cash equivalents and restricted cash & & 212,489 & & 187,615 & & (98,785) \\ \hline Foreign exchange effect on cash, cash equivalents and restricted cash & & (13,080) & & (4,005) & & 4,576 \\ \hline Cash, cash equivalents and restricted cash at beginning of period & & 2,011,276 & & 1,827,666 & & 1,921,875 \\ \hline Cash, cash equivalents and restricted cash at end of period & $ & 2,210,685 & $ & 2,011,276 & $ & 1,827,666 \\ \hline \multicolumn{7}{|l|}{ Supplemental cash flow data } \\ \hline Interest paid in cash & $ & 41,754 & $ & 38,510 & $ & 12,236 \\ \hline Income taxes paid in cash & $ & 113,525 & $ & 11,480 & $ & 20,144 \\ \hline \multicolumn{7}{|l|}{ Supplemental disclosures of non-cash investing and financing activities } \\ \hline Common stock issued in connection with acquisitions & $ & 12,640 & $ & 8,311 & $ & - \\ \hline Changes in accrued property and equipment purchases & $ & (12,149) & $ & 24,882 & $ & 14,985 \\ \hline \multicolumn{7}{|l|}{\begin{tabular}{l} Reconciliation of cash, cash equivalents and restricted cash as shown in the \\ consolidated statements of cash flows \end{tabular}} \\ \hline Cash and cash equivalents & $ & 2,186,549 & $ & 1,988,429 & $ & 1,799,082 \\ \hline Restricted cash included in prepaid expenses and other current assets & & 8,140 & & 2,287 & & 1,862 \\ \hline Restricted cash included in other assets & & 15,996 & & 20,560 & & 26,722 \\ \hline Total cash, cash equivalents and restricted cash & $ & 2,210,685 & $ & 2,011,276 & $ & 1,827,666 \\ \hline \end{tabular} The accompanying notes are an integral part of these consolidated financial statements. META PLATFORMS, INC. CONSOLIDATED BALANCE SHEETS (In millions, except for number of shares and par value) See Accompanying Notes to Consolidated Financial Statements. META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts) Year Ended December 31, See Accompanying Notes to Consolidated Financial Statements. META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In millions) See Accompanying Notes to Consolidated Financial Statements. See Accompanying Notes to Consolidated Financial Statements. META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Year End see Accompanyng rvotes to Lonsonaatea r tnanclat statements. META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) See Accompanying Notes to Consolidated Financial Statements