Refer to Google's statement of cash flows in Appendix A. What are its cash flows from financing
Question:
Refer to Google's statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended December 31, 2015? List the items and amounts.
Google's financial statements of cash flows from Appendix A.
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Transcribed Image Text:
Google Inc. CONSOLIDATED BALANCE SHEETS (In millions, except share and par value amounts which are reflected in thousands, and par value per share amounts) As of December 31 2014 2015 Assets Current assets 16,549 56,517 Cash and cash equivalents 18,347 %24 Marketable securities 46,048 Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) 64,395 73,066 9,383 Accounts receivable, net of allowance of $225 and $296 11,556 Receivable under re verse repurchase agreements Income taxes receivable, net 875 450 591 1,903 Prepaid revenue share, expenses and other assets Total current assets 3,412 78,656 3,139 90,114 Prepaid revenue share, expenses and other assets, non-current Non-marketable investments 3,187 3,079 3,181 5,183 Deferred income taxes 176 251 Property and equipment, net Intangible assets, net 23,883 29,016 4,607 3,847 15,869 Goodwill 15,599 147,461 Total assets 129,187 Liabilities and Stockholders’ Equity Current liabilities Accounts payable 24 1,715 1,931 Short-term debt 2,009 3,069 3,225 3,539 Accrued compensation and benefits 4,768 2,329 Accrued expenses and other current liabilities Accrued revenue share 4,408 1,952 Securities lending payable 2,778 2,428 788 Deferred revenue 752 Income taxes payable, net 96 302 16,779 19,310 Total current liabilities Long-term debt Deferred revenue, non-current 1,995 3,228 104 151 3,340 3,663 Income taxes payable, non-current Deferred income taxes 758 189 Other long-term liabilities Commitments and contingencies (Note 11) 1,118 1,822 Stockholders' equity: Convertible preferred stock, $0.001 par value per share; 100,000 shares authorized, no shares issued and outstanding; 0.5 shares authorized, no shares issued and outstanding Class A and Class B common stock, and Class C capital stock and additional paid-in capital, S0.001 par value per share: 15,000,000 shares authorized (Class A 9,000,000, Class B 3,000,000, Class C 3,000,000); 680,172 (Class A 286,560, Class B 53,213, Class C 340,399), and par value of $680 (Class A $287, Class B $53, Class C $340); and 1.5 shares authorized (Class A 0.5, Class B 0.5, Class C0.5); 0.3 (Class A 0.1, Class B 0.1, Class CO.1), and par value of $0, shares issued and outstanding Accumulated other comprehensive income (loss) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 28,767 31,313 (1,874) 27 75,066 90,892 103,860 120,331 129,187 147,461 2$
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Googles statement of cash flows shows several major financing activities for the year ended Decembe...View the full answer
Answered By
S Mwaura
A quality-driven writer with special technical skills and vast experience in various disciplines. A plagiarism-free paper and impeccable quality content are what I deliver. Timely delivery and originality are guaranteed. Kindly allow me to do any work for you and I guarantee you an A-worthy paper.
4.80+
27+ Reviews
73+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
Question Posted:
Students also viewed these Cost Accounting questions
-
Refer to Circuit Citys statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended February 28, 2007? List items and amounts.
-
Refer to Arctic Cats statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended March 31, 2011? List the items and amounts.
-
Refer to Samsung's statement of cash flows in Appendix A. What investing activities result in cash outflows for the year ended December 31, 2012? List items and amounts.
-
The Illinois State University Alumni Association is having two Baseball Day events this year. The purpose of the events is to both foster relationships between ISU alums and to also raise money for...
-
Glorias Repair Shop had the following transactions during May: May 2 Purchased merchandise on account from Delgados Supply for $900, terms 2/10, n/30. 6 Purchased merchandise on account from Goros...
-
Assume that today is June 11. Your firm, an American company, is scheduled to pay 500,000 on August 15, 65 days in the future. The current spot is $1.75/, and the 65- day forward rate is $1.73/....
-
Safeway, Inc. is a large food and drug retailer with more than 1,700 stores in the U.S. and Canada. The following financial information relates to fiscal 2009 and 2008. Required Calculate inventory...
-
Alternative allocation bases for a professional services firm. The Walliston Group (WG) provides tax advice to multinational firms. WG charges clients for (a) Direct professional time (at an hourly...
-
estion 4 YZ Company stock is expected to return 25 percent in a booming economy, 11 percent in a normal economy, and -8 percent in a recession. The probabilities of an economic boom, normal state, or...
-
On January 1, 2021, Doyle Corp. acquired 75% of the voting common stock of Bressant Inc. During the year, Doyle sold to Bressant for $510,000 goods that cost $380,000. At year-end, Bressant owned 20%...
-
Refer to Apple's statement of cash flows in Appendix A. (a) Which method is used to compute its net cash provided by operating activities? (b) Its balance sheet shows a decrease in accounts...
-
Refer to Samsung's 2015 statement of cash flows in Appendix A. List its cash flows from operating activities, investing activities, and financing activities. Samsung's cash flows from Appendix A...
-
Apply the Ratio Test to determine convergence or divergence, or state that the Ratio Test is inconclusive. 00 6n n=0 n!
-
What are computer-assisted audit programs?
-
The purpose of using computer-assisted audit programs is to test and analyze a clients computer a. Equipment. b. Systems. c. Records. d. Processing logic.
-
Take the following examples of output produced by computer-assisted audit programs and list a possible audit procedure that would be performed with each item of output. a. Listing of accounts...
-
The two requirements crucial to achieving audit efficiency and effectiveness with a microcomputer are selecting a. The appropriate audit tasks for microcomputer applications and the appropriate...
-
Microcomputer software has been developed to improve the efficiency and effectiveness of the audit. Electronic spreadsheets and other software packages are available to aid in the performance of...
-
Explain the difference between cost and expense.
-
For the following exercises, find the area of the triangle. Round to the nearest hundredth. 22 50 36
-
Use the information in the following table to compute each departments contribution to overhead (both in dollars and as a percent). Which department contributes the largest dollar amount to total...
-
Compute return on investment for each of the divisions below (each is an investment center). Comment on the relative performance of each investment center. Net Income Average Assets Return on...
-
Marvin Dinardo manages an auto dealerships service department. Costs and expenses for a recent quarter for his department follows. List the controllable costs that would appear on a responsibility...
-
Assume that actual overhead costs were $77,000 and overhead allocated to jobs was $53,000. The unadjusted balance in Manufacturing Overhead would be because the overhead was OA. $24,000 credit...
-
4. The city of Alpine incurred the following costs during the year in its property tax collection department: Purchase of computer equipment Salaries and wages Purchase of electricity from the...
-
What is Customer Support Services in functions of marketing? A . The first impressions your product B . A separate identity C . Support services that a product requires D . Selling price per unit...
Study smarter with the SolutionInn App