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Facebook (Meta Platforms Inc.) Data for the year ended December 31, 2023:ItemAmountTotal Assets$1,800,000,000Total Liabilities$1,100,000,000Shareholders' Equity$700,000,000Revenue$1,400,000,000Operating Expenses$800,000,000Requirements:Calculate...

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Accounting

Facebook (Meta Platforms Inc.)
 Data for the year ended December 31, 2023:

Item

Amount

Total Assets

$1,800,000,000

Total Liabilities

$1,100,000,000

Shareholders' Equity

$700,000,000

Revenue

$1,400,000,000

Operating Expenses

$800,000,000

Requirements:

  1. Calculate Facebook's debt-to-equity ratio.
  2. Determine Facebook's net profit margin.
  3. Analyze the impact of total assets on Facebook's financial leverage.
  4. Discuss how Facebook recognizes revenue from advertising services.
  5. Evaluate Facebook's financial health using the quick ratio.
  6. Explain the role of the Income Measurement Objective in Facebook's financial performance and strategic decisions.

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