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
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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
Transcribed Image Text: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
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