Return on Average Assets vs Total Liabilities
Return on Average Assets
Return on assets measures how profitable a company is Net Income Common Stock
relative to its total assets Average Assets
Deferred Income Tax is recorded on Facebook Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Facebook books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt
, Deferred Revenue
, Trade and Non Trade Payables
,Deposit Liabilities, and tax liabilities.