Company: Facebook, Inc. (Meta Platforms, Inc.)ItemAmount (in millions)Cash and Cash Equivalents$58,100Accounts Receivable$11,500Inventory$1,200Total Current Assets$82,300Property, Plant,...
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Accounting
Company: Facebook, Inc. (Meta Platforms, Inc.)
Item
Amount (in millions)
Cash and Cash Equivalents
$58,100
Accounts Receivable
$11,500
Inventory
$1,200
Total Current Assets
$82,300
Property, Plant, Equipment
$44,000
Total Assets
$138,300
Accounts Payable
$14,300
Short-term Debt
$3,700
Total Current Liabilities
$25,000
Long-term Debt
$12,000
Total Liabilities
$47,500
Total Equity
$90,800
Questions:
Calculate Facebook's current ratio.
Determine Facebook's quick ratio (acid-test ratio).
What is Facebook’s debt to equity ratio?
Compute the working capital of Facebook.
If Facebook had net sales of $86,000 million and cost of goods sold of $31,000 million, what is the inventory turnover ratio?
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