What is the inventory amount for 2021? For 2021, Calculate: Inventory/Total Asset ratio, Ratio: Net...
60.1K
Verified Solution
Link Copied!
Question
Accounting
What is the inventory amount for 2021?
For 2021, Calculate: Inventory/Total Asset ratio, Ratio: Net income/Net sales, Ratio: Receivables/Net sales.
META PLATFORMS, INC. CONSOLIDATED BALANCE SHEETS (In millions, except for number of shares and par value) \begin{tabular}{|c|c|} \hline & \begin{tabular}{rrr} & Decen \\ 2021 & \\ \end{tabular} \\ \hline \multicolumn{2}{|l|}{ Assets } \\ \hline \multicolumn{2}{|l|}{ Current assets: } \\ \hline Cash and cash equivalents & 16,601 \\ \hline Marketable securities & 31,397 \\ \hline Accounts receivable, net & 14,039 \\ \hline Prepaid expenses and other current assets & 4,629 \\ \hline Total current assets & 66,666 \\ \hline Equity investments & 6,775 \\ \hline Property and equipment, net & 57,809 \\ \hline Operating lease right-of-use assets & 12,155 \\ \hline Intangible assets, net & 634 \\ \hline Goodwill & 19,197 \\ \hline Other assets & 2,751 \\ \hline Total assets & 165,987 \\ \hline \multicolumn{2}{|l|}{ Liabilities and stockholders' equity } \\ \hline \multicolumn{2}{|l|}{ Current liabilities: } \\ \hline Accounts payable & 4,083 \\ \hline Partners payable & 1,052 \\ \hline Operating lease liabilities, current & 1,127 \\ \hline Accrued expenses and other current liabilities & 14,312 \\ \hline Deferred revenue and deposits & 561 \\ \hline Total current liabilities & 21,135 \\ \hline Operating lease liabilities, non-current & 12,746 \\ \hline Other liabilities & 7,227 \\ \hline Total liabilities & 41,108 \\ \hline \multicolumn{2}{|l|}{ Commitments and contingencies } \\ \hline \multicolumn{2}{|l|}{ Stockholders' equity: } \\ \hline \begin{tabular}{l} Common stock, $0.000006 par value; 5,000 million Class A shares authorized, 2,328 million and 2,406 million shares \\ issued and outstanding, as of December 31,2021 and 2020 , respectively; 4,141 million Class B shares authorized, 413 \\ million and 443 million shares issued and outstanding, as of December 31,2021 and 2020, respectively \end{tabular} & - \\ \hline Additional paid-in capital & 55,811 \\ \hline \end{tabular} META PLATFORMS, INC. CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share amounts)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!