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FACEBOOK INC. Balance Sheet 12/31 $ millions Current Assets Cash and cash equivalent Marketable securities Account Rec., Net Prepaid Exp. And other CA Total current assets Prop. And Equi., Net Intangible assets, Net Goodwill Other Assets Total assets Current Liabilities Account payable Partners payable Acc. Exp. & Other C.I. Deferred Rev. and Deposit Total current liabilities 2018 (A) 10,019.00 820 541 5,509.00 147 7,017.00 2017 (B) Difference (C=A-B) 1,940.00 8,079.00 31,095.00 33,632.00 -2,537.00 7,587.00 1,779.00 1,020.00 5,832.00 1,755.00 759 50,480.00 48,563.00 1,917.00 24,683.00 13,721.00 10,962.00 1,294.00 1,884.00 18,301.00 18,221.00 2,576.00 2,135.00 97,334.00 84,524.00 Difference Percentage (C 100/b) 24.01 380 -590 80 441 12,810.00 440 151 2,617.00 390 2,892.00 98 3,760.00 3,257.00 49 -7.54 30.09 74.41 3.95 79.89 -31.32 0.44 20.66 15.16 115.79 38.72 90.49 50 86.62 statement of Income (million) Net Sales (A) Operating Expense Cost of Sales Selling, General and Administrative Expenses Research, development and related expenses Gain on Sale of Business Total Operating Expense (B) Operating Income C = (A-B) Other Expense (Interest Gross) (D) Other Interest Income (Interest Gross) (E) Income Before Income Tax F = (C+D+E) less: Provision for Income Tax Net Income including non-controlling Interest. less: Net Income Attributable to non-controlling Interest. Net Income Attributable to 3M 2017 (A) 31657 16055 6626 1870 -586 23965 7692 -322 178 7548 2679 4869 11 4858 2018 (B) 32765 16682 7602 1821 -547 25558 7207 -350 143 7000 1637 5363 14 5349 Absolute Percentage Change C= Change (B-A) 1108 627 976 -49 39 1593 -485 -28 -35 -548 -1042 494 3 491 (C/A) 100 3.50% 3.91% 14.73% -2.62% -6.66% 6.65% -6.31% 8.70% -19.66% -7.26% -38.90% 10.15% 27.27% 10.11%

FACEBOOK INC. Balance Sheet 12/31 $ millions Current Assets Cash and cash equivalent Marketable securities Account Rec., Net Prepaid Exp. And other CA Total current assets Prop. And Equi., Net Intangible assets, Net Goodwill Other Assets Total assets Current Liabilities Account payable Partners payable Acc. Exp. & Other C.I. Deferred Rev. and Deposit Total current liabilities 2018 (A) 10,019.00 820 541 5,509.00 147 7,017.00 2017 (B) Difference (C=A-B) 1,940.00 8,079.00 31,095.00 33,632.00 -2,537.00 7,587.00 1,779.00 1,020.00 5,832.00 1,755.00 759 50,480.00 48,563.00 1,917.00 24,683.00 13,721.00 10,962.00 1,294.00 1,884.00 18,301.00 18,221.00 2,576.00 2,135.00 97,334.00 84,524.00 Difference Percentage (C 100/b) 24.01 380 -590 80 441 12,810.00 440 151 2,617.00 390 2,892.00 98 3,760.00 3,257.00 49 -7.54 30.09 74.41 3.95 79.89 -31.32 0.44 20.66 15.16 115.79 38.72 90.49 50 86.62 statement of Income (million) Net Sales (A) Operating Expense Cost of Sales Selling, General and Administrative Expenses Research, development and related expenses Gain on Sale of Business Total Operating Expense (B) Operating Income C = (A-B) Other Expense (Interest Gross) (D) Other Interest Income (Interest Gross) (E) Income Before Income Tax F = (C+D+E) less: Provision for Income Tax Net Income including non-controlling Interest. less: Net Income Attributable to non-controlling Interest. Net Income Attributable to 3M 2017 (A) 31657 16055 6626 1870 -586 23965 7692 -322 178 7548 2679 4869 11 4858 2018 (B) 32765 16682 7602 1821 -547 25558 7207 -350 143 7000 1637 5363 14 5349 Absolute Percentage Change C= Change (B-A) 1108 627 976 -49 39 1593 -485 -28 -35 -548 -1042 494 3 491 (C/A) 100 3.50% 3.91% 14.73% -2.62% -6.66% 6.65% -6.31% 8.70% -19.66% -7.26% -38.90% 10.15% 27.27% 10.11%

Cornerstones of Financial Accounting
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
Problem 16MCQ
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Calculate following ratios 

If you are not able to calculate with the given the information shown, indicate what is missing.  After calculating each ratio indicate whether the trend from 2017 to 2018 is good or bad and why.

 

Year 2018

Year 2017

Return on Assets

 

 

Sales to Fixed Assets

 

 

Return on Investment

 

 

Return on Total Equity

 

 

Return on Common Equity

 

 

Gross Profit Margin

 

 
FACEBOOK INC. Balance Sheet 12/31 $ millions Current Assets Cash and cash equivalent Marketable securities Account Rec., Net Prepaid Exp. And other CA Total current assets Prop. And Equi., Net Intangible assets, Net Goodwill Other Assets Total assets Current Liabilities Account payable Partners payable Acc. Exp. & Other C.I. Deferred Rev. and Deposit Total current liabilities Other liabilities Total Liabilities Stockholder Equity Comm. St. and Add. Capital Acc. Other Com. Loss Retained Earnings Total Stockholder Equity 2018 (A) 10,019.00 2017 (B) Difference Percentage (C*100/b) (C=A-B) 1,940.00 820 8,079.00 31,095.00 33,632.00 -2,537.00 7,587.00 5,832.00 1.755.00 1,779.00 1,020.00 759 50,480.00 48,563.00 1,917.00 24,683.00 13,721.00 10,962.00 1,294.00 1,884.00 -590 80 441 18,301.00 18,221.00 2,576.00 2,135.00 97.334.00 84,524.00 12,810.00 380 541 5,509.00 390 2,892.00 98 7,017.00 3,760.00 6,190.00 6,417.00 147 13,207.00 10,177.00 440 151 2,617.00 49 3,257.00 -227 3,030.00 42,906.00 40,584.00 2,322.00 -760 -227 41,981.00 33,990.00 84,127.00 74,347.00 -533 7,991.00 9,780.00 24.01 -7.54 30.09 74.41 3.95 79.89 -31.32 0.44 20.66 15.16 115.79 38.72 90.49 50 86.62 -0.35 29.77 5.72 234.8 23.51 13.15 statement of Income (million) Net Sales (A) Operating Expense Cost of Sales Selling, General and Administrative Expenses Research, development and related expenses Gain on Sale of Business Total Operating Expense (B) Operating Income C = (A-B) Other Expense (Interest Gross) (D) Other Interest Income (Interest Gross) (E) Income Before Income Tax F = (C+D+E) less: Provision for Income Tax Net Income including non-controlling Interest less: Net Income Attributable to non-controlling Interest Net Income Attributable to 3M 2017 (A) 31657 16055 6626 1870 -586 23965 7692 -322 178 7548 2679 4869 11 4858 2018 (B) 32765 16682 7602 1821 -547 25558 7207 -350 143 7000 1637 5363 14 5349 Absolute Percentage Change C= Change (B-A) 1108 627 976 -49 39 1593 -485 -28 -35 -548 -1042 494 3 491 (C/A) 100 3.50% 3.91% 14.73% -2.62% -6.66% 6.65% -6.31% 8.70% -19.66% -7.26% -38.90% 10.15% 27.27% 10.11%
Transcribed Image Text:FACEBOOK INC. Balance Sheet 12/31 $ millions Current Assets Cash and cash equivalent Marketable securities Account Rec., Net Prepaid Exp. And other CA Total current assets Prop. And Equi., Net Intangible assets, Net Goodwill Other Assets Total assets Current Liabilities Account payable Partners payable Acc. Exp. & Other C.I. Deferred Rev. and Deposit Total current liabilities Other liabilities Total Liabilities Stockholder Equity Comm. St. and Add. Capital Acc. Other Com. Loss Retained Earnings Total Stockholder Equity 2018 (A) 10,019.00 2017 (B) Difference Percentage (C*100/b) (C=A-B) 1,940.00 820 8,079.00 31,095.00 33,632.00 -2,537.00 7,587.00 5,832.00 1.755.00 1,779.00 1,020.00 759 50,480.00 48,563.00 1,917.00 24,683.00 13,721.00 10,962.00 1,294.00 1,884.00 -590 80 441 18,301.00 18,221.00 2,576.00 2,135.00 97.334.00 84,524.00 12,810.00 380 541 5,509.00 390 2,892.00 98 7,017.00 3,760.00 6,190.00 6,417.00 147 13,207.00 10,177.00 440 151 2,617.00 49 3,257.00 -227 3,030.00 42,906.00 40,584.00 2,322.00 -760 -227 41,981.00 33,990.00 84,127.00 74,347.00 -533 7,991.00 9,780.00 24.01 -7.54 30.09 74.41 3.95 79.89 -31.32 0.44 20.66 15.16 115.79 38.72 90.49 50 86.62 -0.35 29.77 5.72 234.8 23.51 13.15 statement of Income (million) Net Sales (A) Operating Expense Cost of Sales Selling, General and Administrative Expenses Research, development and related expenses Gain on Sale of Business Total Operating Expense (B) Operating Income C = (A-B) Other Expense (Interest Gross) (D) Other Interest Income (Interest Gross) (E) Income Before Income Tax F = (C+D+E) less: Provision for Income Tax Net Income including non-controlling Interest less: Net Income Attributable to non-controlling Interest Net Income Attributable to 3M 2017 (A) 31657 16055 6626 1870 -586 23965 7692 -322 178 7548 2679 4869 11 4858 2018 (B) 32765 16682 7602 1821 -547 25558 7207 -350 143 7000 1637 5363 14 5349 Absolute Percentage Change C= Change (B-A) 1108 627 976 -49 39 1593 -485 -28 -35 -548 -1042 494 3 491 (C/A) 100 3.50% 3.91% 14.73% -2.62% -6.66% 6.65% -6.31% 8.70% -19.66% -7.26% -38.90% 10.15% 27.27% 10.11%
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