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
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
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Compute ROE
Selected
$ 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
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 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education