Select One US Publicly Traded Company And Review Its 552970
Select One 1 Us Publicly Traded Company And Review Its Most Recent
Choose a U.S. publicly traded company and review its most recent annual report. Analyze the Income Statement and Balance Sheet to identify how assets, liabilities, and equity have changed between the current and prior years. Additionally, evaluate the changes in total revenue and net income. Briefly describe whether these changes are positive or negative from an investor or stockholder's perspective. The response should be at least 75 words.
Paper For Above instruction
In analyzing Facebook's (Meta Platforms Inc.) most recent annual report, significant changes in its financial statements can be observed between the prior year and the current year. The company's total assets increased from approximately $146 billion to $165 billion, indicating expansion and investment in growth areas. This positive change suggests the company is leveraging assets effectively to generate revenue. On the liabilities side, total liabilities rose modestly from $29 billion to about $33 billion, mainly due to increased long-term debt, which could be used for strategic investments or acquisitions.
Equity also experienced growth, from approximately $117 billion to $132 billion, reflecting retained earnings and possibly new share issuances. The total revenue for Facebook surged from around $86 billion to over $115 billion, demonstrating increased user engagement and advertising revenue. Net income saw a substantial rise, from about $29 billion to nearly $39 billion, indicating improved profitability. From an investor's perspective, these positive trends—higher assets, revenue, and net income—are favorable, suggesting Facebook is expanding its market presence and managing costs effectively. Overall, the financial health of Facebook appears strong, with growth indicators that would be attractive to current and prospective investors.
References
- Facebook Inc. (Meta Platforms Inc.). (2023). Annual Report 2023. Retrieved from https://investor.fb.com/financials/sec-filings/
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- FASB. (2023). Accounting Standards Codification. Financial Accounting Standards Board.
- SEC. (2023). Form 10-K for Meta Platforms Inc. Retrieved from https://www.sec.gov/
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- Securities Analysts. (2023). Annual financial review of Meta Platforms. Financial Analysts Journal.