Compare the cash flow statements of Google (Alphabet Inc.) and Facebook, Inc. for the fiscal year 2023:
Fantastic news! We've Found the answer you've been seeking!
Question:
Compare the cash flow statements of Google (Alphabet Inc.) and Facebook, Inc. for the fiscal year 2023:
Item | Google (Alphabet Inc.) | Facebook, Inc. |
Operating Cash Flow | $50 billion | $40 billion |
Investing Cash Flow | $(30) billion | $(20) billion |
Financing Cash Flow | $(10) billion | $(15) billion |
Net Change in Cash |
Question:
- Calculate the net change in cash for both Google (Alphabet Inc.) and Facebook, Inc. for the fiscal year 2023.
- Which company experienced a greater decrease in cash from financing activities?
Related Book For
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
Posted Date: