Question
Do you know Alphabet? We are not talking about the A to Z alphabet, but one of the wealthiest corporations in the world. It is
Do you know Alphabet? We are not talking about the A to Z alphabet, but one of the wealthiest corporations in the world. It is actually a holding company created in 2015 with its largest component Google. There is a race between the Big 3 A's, Apple, Amazon, and Alphabet, for who is the biggest in a given scenario. Do note that all of these corporations were born out of technology and occupy a large portion of our daily lives. We have concentrated on the audited financial statements within the 10-K, but behind each of those numbers is an explanation located in the accompanying footnotes. Use that hint as look search the most current Alphabet's Investor Relations. LINK: https://abc.xyz/investor/pdf/20180423_alphabet_10Q.pdf
1. Alphabet lists "Revenue" on their Consolidated Statements of Net Income. What is the majority of their revenue?
2. What method does Alphabet use for depreciation?
3. What method of inventory valuable does Alphabet use?
4. Alphabet does business worldwide, but is a US corporation. Where is that amount recorded and method is used to determine that amount?
5. What is the name for the accounts receivable reserve and how is it calculated?
6. As an individual, you might have overdraft protection or a line of credit for short-term funds. A corporation has the same, but the instrument is called commercial paper. What total dollar value of commercial paper does Alphabet have at its discretion to use?
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