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Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net Income Sales Equity FY3 FY2 $185,727 $165,987 $23,200 $116,609 $125,713 $39,370 $117,929 $124,879 FY1 $159,316 $26,146 $85,965 $128,290 Required a. Compute the following ratios for the two most recent years. NOTE: Round any intermediate calculations to the nearest whole dollar amount. Numerator Denominator Result Ratios Return on equity (ROE) FY3 FY2 Return on assets (ROA) FY3 FY2 Profit margin (PM) FY3 FY2 Asset turnover (AT) FY3 FY2 $ $ % % $ $ % % $ $ % % $ b. Which of the following best explains the change in ROA during FY3? ÷

Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net Income Sales Equity FY3 FY2 $185,727 $165,987 $23,200 $116,609 $125,713 $39,370 $117,929 $124,879 FY1 $159,316 $26,146 $85,965 $128,290 Required a. Compute the following ratios for the two most recent years. NOTE: Round any intermediate calculations to the nearest whole dollar amount. Numerator Denominator Result Ratios Return on equity (ROE) FY3 FY2 Return on assets (ROA) FY3 FY2 Profit margin (PM) FY3 FY2 Asset turnover (AT) FY3 FY2 $ $ % % $ $ % % $ $ % % $ b. Which of the following best explains the change in ROA during FY3? ÷

Financial Accounting: The Impact on Decision Makers
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
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.8E
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Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net Income Sales Equity FY3 FY2 $185,727 $165,987 $23,200 $116,609 $125,713 $39,370 $117,929 $124,879 FY1 $159,316 $26,146 $85,965 $128,290 Required a. Compute the following ratios for the two most recent years. NOTE: Round any intermediate calculations to the nearest whole dollar amount. Numerator Denominator Result Ratios Return on equity (ROE) FY3 FY2 Return on assets (ROA) FY3 FY2 Profit margin (PM) FY3 FY2 Asset turnover (AT) FY3 FY2 $ $ % % $ $ % % $ $ % % $ b. Which of the following best explains the change in ROA during FY3? ÷
Transcribed Image Text:Computing Return on Equity and Return on Assets The following table reports financial statement information for Meta (Facebook's parent company). $ millions Total Assets Net Income Sales Equity FY3 FY2 $185,727 $165,987 $23,200 $116,609 $125,713 $39,370 $117,929 $124,879 FY1 $159,316 $26,146 $85,965 $128,290 Required a. Compute the following ratios for the two most recent years. NOTE: Round any intermediate calculations to the nearest whole dollar amount. Numerator Denominator Result Ratios Return on equity (ROE) FY3 FY2 Return on assets (ROA) FY3 FY2 Profit margin (PM) FY3 FY2 Asset turnover (AT) FY3 FY2 $ $ % % $ $ % % $ $ % % $ b. Which of the following best explains the change in ROA during FY3? ÷
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