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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
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?
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