Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

-Calculate several ratiosI would suggest at least one from each of the categories (profitability, liquidity, solvency, and activity/efficiency) from chapter 4 (chapter 11 in Marshall)

-Calculate several ratiosI would suggest at least one from each of the categories (profitability, liquidity, solvency, and activity/efficiency) from chapter 4 (chapter 11 in Marshall) in the text plus at least one ratio that you have found somewhere else or even made up.

-Examine the numerator and denominator of your primary ratio.

-Examine your primary ratio more thoroughly.

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions

Dec. 31, 2015 Dec. 31, 2014
Current assets:
Cash and cash equivalents $ 16,549 $ 18,347
Marketable securities 56,517 46,048
Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) 73,066 64,395
Accounts receivable, net of allowance of $225 and $296 11,556 9,383
Receivable under reverse repurchase agreements 450 875
Income taxes receivable, net 1,903 591
Prepaid revenue share, expenses and other assets 3,139 3,412
Total current assets 90,114 78,656
Prepaid revenue share, expenses and other assets, non-current 3,181 3,187
Non-marketable investments 5,183 3,079
Deferred income taxes 251 176
Property and equipment, net 29,016 23,883
Intangible assets, net 3,847 4,607
Goodwill 15,869 15,599
Total assets 147,461 129,187
Current liabilities:
Accounts payable 1,931 1,715
Short-term debt 3,225 2,009
Accrued compensation and benefits 3,539 3,069
Accrued expenses and other current liabilities 4,768 4,408
Accrued revenue share 2,329 1,952
Securities lending payable 2,428 2,778
Deferred revenue 788 752
Income taxes payable, net 302 96
Total current liabilities 19,310 16,779
Long-term debt 1,995 3,228
Deferred revenue, non-current 151 104
Income taxes payable, non-current 3,663 3,340
Deferred income taxes 189 758
Other long-term liabilities $ 1,822 $ 1,118
Commitments and contingencies
Stockholders equity:
Convertible preferred stock $ 0 $ 0
Class A and Class B common stock, and Class C capital stock and additional paid-in capital 32,982 28,767
Accumulated other comprehensive income (loss) (1,874) 27
Retained earnings 89,223 75,066
Total stockholders equity 120,331 103,860
Total liabilities and stockholders equity 147,461 129,187
Google Inc.
Current assets:
Cash and cash equivalents 16,549 18,347
Marketable securities 56,517 46,048
Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) 73,066 64,395
Accounts receivable, net of allowance of $225 and $296 11,556 9,383
Receivable under reverse repurchase agreements 450 875
Income taxes receivable, net 1,903 591
Prepaid revenue share, expenses and other assets 3,139 3,412
Total current assets 90,114 78,656
Prepaid revenue share, expenses and other assets, non-current 3,181 3,187
Non-marketable investments 5,183 3,079
Deferred income taxes 251 176
Property and equipment, net 29,016 23,883
Intangible assets, net 3,847 4,607
Goodwill 15,869 15,599
Total assets 147,461 129,187
Current liabilities:
Accounts payable 1,931 1,715
Short-term debt 3,225 2,009
Accrued compensation and benefits 3,539 3,069
Accrued expenses and other current liabilities 4,768 4,408
Accrued revenue share 2,329 1,952
Securities lending payable 2,428 2,778
Deferred revenue 788 752
Income taxes payable, net 302 96
Total current liabilities 19,310 16,779
Long-term debt 1,995 3,228
Deferred revenue, non-current 151 104
Income taxes payable, non-current 3,663 3,340
Deferred income taxes 189 758
Other long-term liabilities $ 1,822 $ 1,118
Commitments and contingencies
Stockholders equity:
Convertible preferred stock $ 0 $ 0
Class A and Class B common stock, and Class C capital stock and additional paid-in capital 31,313 28,767
Accumulated other comprehensive income (loss) (1,874) 27
Retained earnings 90,892 75,066
Total stockholders equity 120,331 103,860
Total liabilities and stockholders equity $ 147,461 $ 129,187

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions

12 Months Ended
Dec. 31, 2015 Dec. 31, 2014 Dec. 31, 2013
Net income $ 16,348 $ 14,136 $ 12,733
Other comprehensive income (loss):
Change in foreign currency translation adjustment (1,067) (996) 89
Available-for-sale investments:
Change in net unrealized gains (losses) (715) 505 (392)
Less: reclassification adjustment for net (gains) losses included in net income 208 (134) (162)
Net change (net of tax effect of $212, $60, and $29) (507) 371 (554)
Cash flow hedges:
Change in net unrealized gains 676 651 112
Less: reclassification adjustment for net gains included in net income (1,003) (124) (60)
Net change (net of tax effect of $30, $196, and $115) (327) 527 52
Other comprehensive loss (1,901) (98) (413)
Comprehensive income 14,447 14,038 12,320
Google Inc.
Net income 16,348 14,136 12,733
Other comprehensive income (loss):
Change in foreign currency translation adjustment (1,067) (996) 89
Available-for-sale investments:
Change in net unrealized gains (losses) (715) 505 (392)
Less: reclassification adjustment for net (gains) losses included in net income 208 (134) (162)
Net change (net of tax effect of $212, $60, and $29) (507) 371 (554)
Cash flow hedges:
Change in net unrealized gains 676 651 112
Less: reclassification adjustment for net gains included in net income (1,003) (124) (60)
Net change (net of tax effect of $30, $196, and $115) (327) 527 52
Other comprehensive loss (1,901) (98) (413)
Comprehensive income $ 14,447 $ 14,038 $ 12,320

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of IT Audit For Operational Auditors

Authors: Timothy McWilliams

1st Edition

1634541332, 978-1634541336

More Books

Students also viewed these Accounting questions