Keelees Maminys Review ViewHelp A Aa A ADA ALI AaBCCD AaBbc DaBbci AaBbcc Normal 1 No Spac... Heading 1 Heading 2 Paragraph Styles Comprehensive Problem 1. Attached are 2 financial statements from publicly traded companies (Balance Sheet and income Statement). Review the balance sheet for each company (page number is given), and answer the following questions: Facebook (FB) 1) What amount of current liabilities does the company report on its balance sheet at the end of the most recent year? 2) What types of current liabilities does the company report? 3) What is the Par value of FB stock? As of 12/31/2018, how many class A shares of Facebook are issued & Outstanding. 4) What is the company's current ratio? What does this say about the company? 5) Does the company have the ability to pay a dividend (look at the retained earnings & the cash mprehensive Problem Questions (1) - Word out References Mailings Review Seth View 1 - A X A A A A-D-A- Help L E X AaBbcc AaBb De AaBb AaBbcc AaB Normal 1 No Spac. Heading 1 Heading 2 Title Font Paragraph balances)? Why or Why not? Styles Snapchat (SNAP) 6) What amount of current liabilities does the company report on its balance sheet at the end of the most recent year? 7) What types of current liabilities does the company report? 8) What is the Par value of the SNAP stock? As of 12/31/2018, how many class A shares of SNAP are issued & Outstanding? 9) What is the company's current ratio? What does this say about the company? 10) Does the company have the ability to pay a dividend look at the retained earnings/Accumulated Deficit & the cash balances)? Why or Why not? 11) Conclusion: Who would you prefer to invest in, Facebook or Snapchat? Why? Focus Snap Ine. Consolidated Statements of Operations (in thousands, except per share amounts) Year Eaded December 31, 2017 S 824,949 404,482 $ 1.180.446 Revenue Costs and expenses: Cost of revenue Research and development Sales and marketing General and administrative Total costs and expenses Operating loss Interest income Interest expense Other income (expense), net Loss before income taxes Income tax benefit (expense) Net loss Net loss per share attributable to Class A Class B, and Class common stockholders (Note 3) Basic Diluted Weighted average shares used in computation of net loss per share Hasic Diluted 451,660 183.676 124 371 165.160 924867 (520,385) 4,654 (1424) (4.568) (521,727) 7.000 ($14.631 717.462 1,534,863 522,605 1.535.595 4,310.525 (3,485,576) 21.096 (3,456) 4528 (3.163,208) 18,342 (3145.066) 798,165 772 185 400 824 477,022 2 HER 896 (1.268,450) 27 228 (3.8941 (8.248) (1.233.264) (2.547) (1.255.9111 (2.95) S 807871 See Notes to Consolidated Financial Statements JULUUlice OZUSHELL par Snapchat Consolidated Balance Sheets (in thousands, except par value) 2017 December 31 $ 334,063 1,708,976 279.473 44.282 2,366,794 166,762 166,473 387,149 891,914 354,965 41.900 1,675,928 212.560 126,054 632 370 67.194 5 81.655 3,421,5665 2.714.106 S 30,576 Assets Current assets Cash and cash equivalents Marketable securities Accounts receivable, net of allowance Prepaid expenses and other current assets Total current assets Property and equipment, net Intangible assets, net Goodwill Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued expenses and other current liabilities Total current liabilities Other liabilities Total liabilities Commitments and contingencies (Note 7) Stockholders' equity Class A non-voting common stock, SO 00001 par value. 3.000.000 shares authorized, 883,022 shares issued and outstanding at December 31, 2017 and 3.000.000 shares authorized 999 104 shares issued and outstanding at December 31, 2018 Class B voting common stock, SO 0000 pur value 700 000 shares authorized 122,564 shares issued and outstanding af December 31, 2017 and 700,000 shares authorized, 93,845 shares issued and outstanding at December 31, 2018 Class C voting common stock, S0.00001 par value 260,888shares authorized, 216 616 shares issued and outstanding at December 31, 2017 and 200 shares authorized 224 611 shares issued and outstanding at December 31, 2018 Additional paid-in capital Accumulated other comprehensive income Accumulated deficit Total stockholders oquity Total liabilities and stockholders' equity 71.194 275062 346,256 82.983 419219 261 815 292691 110.416 403.107 7.634823 4152 14.656667) 2.992,327 3421.566 220417 3.147 15.912.578) 310.999 .714.106 2 2 S FACEBOOK, INC. CONSOLIDATED STATEMENTS OF INCOME (en millions, except per share amounts) Year Eaded December 31, 2017 55,838 5 40,653 $ 27,638 9,355 10,273 7,846 3,451 30,925 24,913 Revenue Costs and expenses: Cost of revenue Research and development Marketing and sales General and administrative Total costs and expenses Income from operations Interest and other income (expense), net Income before provision for income taxes Provision for income taxes Net income Less: Net income attributable to participating securities Net Income attributable to Class A and Class B common stockholders Earnings per share attributable to Class A and Class B common stockholders Basic Diluted Weighted average shares used to compute earnings per share attributable to Class A and Class B common stockholders: Basie 5,454 7,754 4,725 2.517 20,450 20,203 391 20,594 4.600 15,934 3,789 5.919 3,772 1.731 15,211 12,427 25,361 12.518 3.249 2.301 22.112 5 10.217 14 15.920 10.188 5 Diluted Share-based compensation expense included in costs and expenses Cost of revenue Research and development Marketing and sales General and administrative Total share-based compensation expense Seten g Van der Financial Statem ecolhe.austincc.edu/bbcswebdav/pid-13839929-dt-content-rid-32716045_1/courses/2205-04069. ACNT-1404-002/FB%20Balance%20sheet.pdf - ICEL $ 5 10,019 31,095 7,587 Assets Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net of allowances of $229 and 5189 as of December 31, 2018 and 2017, respectively Prepaid expenses and other current assets Total current assets Property and equipment, net Intangible assets, net Goodwill Other assets Total assets 8079 33.632 5.32 1,020 48 563 13.721 1.984 50.480 24,683 1,294 18,301 2.576 97,334 18,221 2.135 84.524 150 3.700 Liabilities and stockholders' equity Current liabilities: Accounts payable Partners payable Accrued expenses and other current liabilities Deferred revenue and deposits Total current liabilities Other liabilities Total liabilities Commitments and contingencies Stockholders' equity Common stock, 50.000006 par value, 5.000 million Class A shares authorized, 2,385 million and 2,397 million shares issued and outstanding, as of December 31, 2018 and December 31, 2017, respectively. 4,141 million Class B shares authorized 469 million and 509 million shares issued and outstanding, as of December 31, 2018 and December 31, 2017, respectively Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Selecom Notes to C ured Financial Sams. 42906 11 0 84,127 97,334 74147 4:34 to search