Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you assess googles performance based on their common sized income statement? Alphabet Inc., common-size consolidated income statement 12 months ended: Revenues Cost of revenues

Can you assess googles performance based on their common sized income statement?
image text in transcribed

Alphabet Inc., common-size consolidated income statement 12 months ended: Revenues Cost of revenues Gross profit Research and development Sales and marketing General and administrative European Commission fines Income from operations Interest income Interest expense Foreign currency exchange gain (loss), net Gain (loss) on debt securities, net Gain (loss) on equity securities, net Performance fees Income (loss) and impairment from equity method investments, net Other Other income (expense), net Income before income taxes Provision for income taxes Net income Dec 31 , 2023 100.00 -43.37 56.63% -14.78 -9.08 -5.34 0.00 27.42% 1.26 -0.10 -0.40 -0.40 0.13 0.08 -0.20 0.10 0.46% 27.89% -3.88 24.01% Dec 31, 2022 100.00 -44.62 55.38% -13.97 _9.39 -5.56 0.00 26.46% 0.77 -0.13 -0.23 -0.73 -1 .22 0.28 -0.12 0.13 -1.24% 25.22% -4.02 21.20% Dec 31, 2021 100.00 -43.06 56.94% -1 2.25 -8.89 -5.24 0.00 30.55% 0.58 -0.13 -0.09 -0.04 4.81 -0.74 0.13 0.16 4.67% 35.22% -5.71 29.51% Dec 31, 2020 1 oo.oo 46.42 53.58% -15.11 _9.83 -6.05 0.00 22.59% 1 .02 -0.07 -0.19 0.40 3.06 -0.33 0.22 -0.35 3.76% 26.34% -4.28 22.06% Dec 31, 2019 1 oo.oo -44.42 55.58% -16.07 -1 1.41 -5.90 -1.05 21.15% 1.50 -0.06 0.06 0.09 1.64 -0.20 0.24 0.06 3.33% 24.48% -3.26 21.22% Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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

Accounting In Business

Authors: R. J. Bull

5th Edition

0408014865, 978-0408014861

More Books

Students also viewed these Accounting questions

Question

What is MRP, what is its objective, and when is it appropriate?

Answered: 1 week ago

Question

LO 2.5 Identify and explain four global operations strategy options

Answered: 1 week ago