Refer to the statement of cash flows for Google in Appendix A for the fiscal year ended
Question:
Refer to the statement of cash flows for Google in Appendix A for the fiscal year ended December 31, 2015, to answer the following.
1. What amount of cash is used to purchase property and equipment?
2. How much depreciation and impairment of property and equipment are recorded?
3. What total amount of net cash is used in investing activities?
Google's financial statements 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: 72% (11 reviews)
1 9915 million cash for property ...View the full answer
Answered By
Anjali Arora
Having the experience of 16 years in providing the best solutions with a proven track record of technical contribution and appreciated for leadership in enhancing team productivity, deliverable quality, and customer satisfaction. Expertise in providing the solution in Computer Science, Management, Accounting, English, Statistics, and Maths.
Also, do website designing and Programming.
Having 7 yrs of Project Management experience.
100% satisfactory answers.
5.00+
3+ Reviews
10+ 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 the statement of cash flows in CVS Corporation's 2011 annual report, which you can find using either the "Investor Relations" portion of its website (do a web search for CVS investor...
-
Prior to Year 8, General Dynamics Corporation engaged in a wide variety of industries, including weapons manufacturing under government contracts, information technologies, commercial aircraft...
-
Refer to the statement of cash flows for both Kelloggs and General Mills for the most recent year and any other pertinent information reprinted at the back of this book. Required 1. Which method,...
-
please help with the entire question asap please thank you!! 12. ABC Manufacturing Company has the following data for 2024 (amounts in millions): EIE (Cick the icon to viow the information.) Prepare...
-
Prepare general journal entries for the following transactions: Apr. 6 Received a 120-day, 11% note in payment for accounts receivable balance of $3,000. 26 Discounted the note at a rate of 12%. May...
-
LO4,5,6 Shirley has an old tractor that has an adjusted basis of $9,000 and a fair Communication Skills market value of $5,000. She wants to trade it in on a new tractor that costs $25,000. Write a...
-
What is the difference between strategic business planning and sales and operations planning (SOP)? What are the major benefits of SOP? LO.1
-
A particle of charge q is traveling at constant speed v along the x axis. Calculate the total power passing through the plane x = a, at the moment the particle itself is at the origin.
-
Kent Fuller is in the 26 percent tax bracket. A nontaxable employee benefit with a value of $1,600 would have a tax-equivalent value of: (Round your answer to the nearest whole number.)
-
Calvin Peters could see stars again. That was the second time during the short walk that a fit of coughing made him stop and wait for the pinpricks of light to fade from his vision. Calvin was on his...
-
On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals $1,800,000. 1. What is the amount of goodwill that...
-
Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686,000; 2016, $1,800,000; and 2017, $1,982,000. (a) Compute Lok's total...
-
Suppose that buyers assume that there is a 30% chance of getting a plum, and 8 of 10 cars in the used car market are lemons. Is this equilibrium?
-
Find the unknown angle measures. 49 60 Drawing is not to scale. I = y = In S
-
Q5 For this question, use data from only restaurants with between 50 and 60 items in the data set. Predict total fat from cholesterol, total carbs, vitamin a, and restaurant. Remove any...
-
A meteorologist believes that there is a relationship between the daily mean windspeed, w kn, and the daily mean temperature, t C. A random sample of 9 consecutive days is taken from past records...
-
Suppose k(x) = f(g(h(x))). Given the table of values below, determine k' (1). g(x) h(x) f'(x) g'(x) h'(x) x f(x) 1 -6 -3 3 6 -6 -6 3 -3 4 1 -7 -2 5 4 -2 7 3 1 -7 -8
-
In a research study women with metastatic stomach cancer responded to the Symptom Distress Scale and the Profile of Mood States. A correlation coefficient was reported: r = 0.5, p = 0.03. How would...
-
Which of the following are relevant to a firms decision to increase output: (a) Short-run average total cost, (b) Short-run marginal cost, (c) Long-run average total cost? Justify your answer.
-
What is removed during each of the three stages of wastewater treatment: primary, secondary, and tertiary? During which state would you expect items to be recovered that were accidentally flushed,...
-
Key information from Samsung (www.Samsung.com), which is a leading manufacturer of consumer electronic products, follows. 1. Compute the accounts receivable turnover for the current year. 2. How long...
-
Key information from Samsung (www.Samsung.com), which is a leading manufacturer of consumer electronic products, follows. 1. Compute the accounts receivable turnover for the current year. 2. How long...
-
Does the balance in the Accumulated DepreciationMachinery account represent funds to replace the machinery when it wears out? If not, what does it represent?
-
Chapter o Homew ebook 50,000-unit production quantity: $ 227,049 7 70,000-unit production quantity: $ 66,751 d. In addition to mean profit, what other factors should FTC consider in determining a...
-
Diamond makes downhill ski equipment. Assume that comic has offered to produce ski poles for Diamond for $20 per pair Diamond needs 200,000 pairs of poles per period Diamond can only avoid 5150,000...
-
17? Which of the following statement is true Select one: a. All evidence must have the same level of reliability b. All evidence must have the same level of persuasiveness C. All are false d....
Study smarter with the SolutionInn App