Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. Dec. 31, $ millions Dec. 31, 2018 2017 $101,083 $88,273 Total assets Total liabilities Revenue Net income 16,956 13,926 59,587 25,861 Compute the return on equity for the year ended December 31, 2018. Note: 1. Select the appropriate numerator and denominator used to compute ROE from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 ROE. $ Numerator 0 $ Denominator ROE 0 96
Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. Dec. 31, $ millions Dec. 31, 2018 2017 $101,083 $88,273 Total assets Total liabilities Revenue Net income 16,956 13,926 59,587 25,861 Compute the return on equity for the year ended December 31, 2018. Note: 1. Select the appropriate numerator and denominator used to compute ROE from the drop-down menu options. 2. Enter the numerator and denominator amounts to compute 2018 ROE. $ Numerator 0 $ Denominator ROE 0 96
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter2: Financial Statements And The Annual Report
Section: Chapter Questions
Problem 2.4P
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