Compute ROE Selected balance sheet and income statement for Facebook Inc. follows. $ millions Dec. 31, 2018 Dec. 31, 2017 Total assets $100,538 $87,728 Total liabilities 16,411 13,381 Revenue 59,042   Net income 25,316     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 Denominator ROE   Answer Answer

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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Compute ROE

Selected balance sheet and income statement for Facebook Inc. follows.

$ millions Dec. 31, 2018 Dec. 31, 2017
Total assets $100,538 $87,728
Total liabilities 16,411 13,381
Revenue 59,042  
Net income 25,316  

 

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 Denominator ROE
  Answer Answer  
  Answer Answer  

 

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