Company: Alphabet Inc. (Google)
 Data for the year ended December 31, 2023:

Item	Amount
Cash and Cash Equivalents	$60,000,000
Accounts Payable	$30,000,000
Inventory	$35,000,000
Net Sales	$400,000,000
Operating Expenses	$200,000,000

Requirements:

1. Calculate Google's current ratio.
2. Determine Google's inventory turnover ratio.
3. Analyze the impact of accounts payable on Google's working capital.
4. Discuss how Google recognizes revenue from advertising sales.
5. Evaluate Google's liquidity using the quick ratio.
6. Explain the relevance of the Income Measurement Objective in Google's revenue recognition and inventory management.