about facebook company liabilities, such as debt, reserves, accounts payable, taxes payable, wages payable, unearned revenues...

about facebook company liabilities, such as debt, reserves, accounts payable, taxes payable, wages payable, unearned revenues deferred tax liabilities, and others.

Expert Solution

Facebook Inc’s liabilities has increased over the period of 2018. The current liabilities of FB Inc. include accounts payables, accrued expenses, partners payable, deferred revenue and deposits, and commitments and contingencies.

The accounts payable of FB Inc in 2017 was $380 million which increase to $820 million in 2018. Also, partner’s payable of FB Inc in 2017 was $390 million which increase to $541 million in 2018.

Deferred revenue and deposits of FB Inc in 2017 was $98 million which increase to $147 million in 2018. Accrued expenses and the remaining current liabilities was $2,892 million in 2017 which rose to $5,509 million in 2018. Thus, total current liabilities rose from $3,760 million in 2017 to $7,017 million in 2018. Other liabilities of FB Inc. include income tax payable, deferred tax liability, and other liabilities which fall from $6,417 million in 2017 to $6,190 million in 2018.The Total liabilities of FB Inc. was $10,177 million in 2017 which increases to $13,207 million in 2018.

ekkarill92 answered 1 month ago

Current liabilities include: A. Accounts receivable B. Unearned revenues. C. Portion of long-term debt that will...

Current liabilities include: A. Accounts receivable B. Unearned revenues. C. Portion of long-term debt that will be paid with noncurrent assets D. All of these E. None of these.

Liabilities include all of the following except: Accounts Payable. Prepaid Insurance. Unearned Revenue. Notes Payable.

Explain how the accounts receivable, inventory, power and equipment, accounts payable, wages payable and long-term debt...

Explain how the accounts receivable, inventory, power and equipment, accounts payable, wages payable and long-term debt impacted cash flow from one year to the next. 200-word minimum.

Assets Liabilities and Equity Cash $ 25,000 Accounts payable $ 25,000 Accounts receivable 156,000 Long-term debt...

Assets Liabilities and Equity Cash $ 25,000 Accounts payable $ 25,000 Accounts receivable 156,000 Long-term debt 103,000 Inventory 79,000 Common stock ($7 par; 21,000 3,000 shares outstanding) Plant and equipment 190,000 Additional paid-in capital 155,000 Retained earnings 146,000 $450,000 $450,000 Construct a new balance sheet showing the impact of a two-for-one split. If the current market price of the stock is $50, what is the price after the split? Round the par value and the market price after the split...

Short-term deferrals (prepaids and unearned revenues) are classified as current assets and current liabilities. As such,...

Short-term deferrals (prepaids and unearned revenues) are classified as current assets and current liabilities. As such, they are included in working capital. Required: Some argue that deferred liabilities will not be “paid”. 1) Why do accountants include short-term unearned revenues as current liabilities? Do they meet the definition of liabilities found in the conceptual framework? Do they affect working capital? Explain. 5 marks 2) Present arguments for excluding unearned revenues from current liabilities. Do they affect liquidity? Explain. 5 marks

A company that was to be liquidated had the following liabilities: Income taxes 10000 Note Payable...

A company that was to be liquidated had the following liabilities: Income taxes 10000 Note Payable (secured by building) 200000 Account Payable 100000 Salaries (Ahmed 20000 and Salem 2000) 22000 Bond payable 90000 Admin expenses for liquidation 30000 The company had the following assets: Item Book-value Fair value Current Assets 100000 45000 Pre-paid Assets 2000 1800 Building 180000 155000 Land 120000 150000 Maximum employees’ payment does not excess $12475. a. Calculate total assets available to pay liabilities with priority...

Could anyone explain how changing accounts payable and increasing revenues changes the debt/equity ratio?

Cash $ 20,420 Unearned Revenue (35 units) $ 4,950 Accounts Receivable $ 11,450 Accounts Payable...

Cash $ 20,420 Unearned Revenue (35 units) $ 4,950 Accounts Receivable $ 11,450 Accounts Payable (Jan Rent) $ 2,500 Allowance for Doubtful Accounts $ (1,500) Notes Payable $ 16,000 Inventory (40 units) $ 3,600 Contributed Capital $ 6,200 Retained Earnings – Feb 1, 2012 $ 4,320 WWC establishes a policy that it will sell inventory at $145 per unit. • In January, WWC received a $4,950 advance for 35 units, as reflected in Unearned Revenue. •...

Cash $ 80 Accounts Payable $ 26 Accounts Receivable 12 Wages and Other Expenses Payable 111...

Cash $ 80 Accounts Payable $ 26 Accounts Receivable 12 Wages and Other Expenses Payable 111 Inventories 188 Long-Term Debt 203 Other Current Assets 26 Other Long-Term Liabilities 44 Property, Plant, and Equipment 355 Contributed Capital 356 Other Assets 99 Retained Earnings 20 Assume that the following events occurred in the quarter ended December 31 (amounts provided are in whole dollars): Paid $2,000,000 cash for an additional “other asset”. Issued additional shares for $2,000,000 in cash. Purchased property, plant, and...

Long-term liabilities typically include: a. Salaries Payable b. Unearned Revenue c. Mortgage Payable d. Treasury Stock

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