Question

PLEASE HELP!!!

Compute ROE and Nonoperating Return with Negative NNO and No Noncontrolling Interest Refer to the balance sheets and income statement below for Facebook Inc. FACEBOOK INC. Consolidated Statement of Income For Year Ended December 31, 5 millions 2018 Revenue $55,838 Costs and expenses Cost of revenue 9,355 Research and development 10.273 Marketing and sales 7.846 General and administrative 3,451 Total costs and expenses 30,925 Income from operations 24.913 Interest and other income (expense), net Income before provision for income taxes 25,361 Provision for income taxes 3,249 Net income $22,112 448 2018 2017 FACEBOOK INC. Consolidated Balance Sheet At December 31, S millions Current assets Cash and cash equivalents Marketable securities Accounts receivable, net Prepaid expenses and other current assets Total current assets Property and equipment, net Intangible assets.net Goodwill Other assets Total assets Current liabilities Accounts payable Partners payable Accrued expenses and other current liabilities Deferred revenue and deposits $10,019 $8,079 31.095 33,632 7,587 5.832 1,779 1,020 50,480 48,563 24,683 13.721 1.294 1.884 18.301 18.221 $2.576 52.135 597,334 584.524 $380 5820 541 5,509 147 2.892

Answer 1

Recurn on Aquity (Poe), you net interne chareholderi equity 322.415. 184,12.1 cash and cash equivalents $4019 $ 33632 $13121 bu computation of Non Net non-operating obligation CNNO) for 2016 and 2014 AND Not non operating expense ONNO for 2014 and 2011: Net non operating obligationi (NNO) : Non operating assets - Equity NINO - operating anebo - operating habilities - Equity operating anete 2018 2011 $10019 Marte talle sccurities $31095 Aucunt receivable $ 1551 $5832 prepaid expenses and other current anet $1179 $1020 property and equipment $24683 Total operating assets $75163 operating Halilities: Accounts payabure $820 partners payable 4541 accrued en penses and other. lawlities $2892 $5509 $144 $98 Deferred revenue Total operating Wallilities 1011 Net non operating obligation for 2018 = $75163 - $ 1014 - $49906 = $25,240 million $62284 $380 $390 $3160 =

Net non revenus - operating expeel operating mgacion for 2014 - 62294-3100 - $40584 = $17940 million Net non-operating expenses for 2018 - NO PAT - consolidated income NINE for aois operating consolidaud income operating expenses: lost 여 nenenue Relateh g Developmen! $1846 Marketing & sales General e ad utinistrative $3451 Total operating expenses $30925 NNC for 2018. $55836 - $ 30925 - 0 424913 millions. Net non operating expense percentage - NNE for 2018 NNEP for 2018 - 424913 $25240 98.10'1. c. computation of FLEV and spread $9355 $10213 NNO FLEV . NNO stockholders equity FLEV for 2018 4 25240 million $14121 millim - 30%. spread. Return on net operating aneto CRNOA) – Net non operating erepense percentag = 46.7. - St. 57.54 434 41.16%. 6/6 =