The following cash data were adapted from a recent annual report of Google Inc. for the year
Question:
The following cash data were adapted from a recent annual report of Google Inc. for the year ended December 31, 20Y1. The cash balance as of January 1, 20Y1, was $13,630 (in millions).
In millions
Receipts from issuing debt, etc............$ 829
Purchases of property, plant, and equipment, etc. ....67,787
Receipts from sale of investments (net) ........48,746
Net cash flows from operating activities........14,565
Instructions
Prepare Google’s statement of cash flows for the year ended December 31, 20Y1.
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