(Google) The following data is on Alphabet Inc. stock price (NASDAQ: GOOG) on Thursday, November 1, 2018. 1,070.00 USD -6.77 (0.63%) + Closed: Nov 1.7.50 PM EDT Disclaimer Pre-market 1.064.10 -5.90 (0.55%) 1 day 5 days 1 month 6 months YTD 1year 5 years Max Jun 2018 1298 0 USD Thu, 26 Oct 2018 Open 1,075,80 1039 1,062 46 750.45 41.52 Divyield Prev close 52ak high 52-klow Low PE 107677 1273.89 980 54 Balance Sheet 30/2018 3/31/2018 Period Ending Current Assets Cash And Cash Equivalents 14 148 000 12658.000 Short Term Investments 88 106.000 90 227 000 Net Receivables 17 244.000 16 814 000 Stockholders' Equity Common Stock 42,243,000 41 487 000 Retained Earnings 121,282,000 120,008,000 Treasury Stock -1,525000 -870,000 Other Stockholder Equity -1,525,000 670,000 Total Stockholder Equity 162 000 000 160 825,000 Problem 4 (Continuous) (a) What is the number of common stock shares issued and outstanding by Alphabet? (b) What is approximately Alphabet's market-to-book ratio? (c) What does (b) imply on the economic image of Alphabet provided by accounting statements? (d) As seen from the chart, GOOG dropped by around 20% since its maximum value on July 26, 2018. What do you think happened to Alphabet book value since then? Did it increase? Decrease? Stay the same? (e) What was, approximately, Alphabet's market-to-book ratio on July 26, 2018? (Google) The following data is on Alphabet Inc. stock price (NASDAQ: GOOG) on Thursday, November 1, 2018. 1,070.00 USD -6.77 (0.63%) + Closed: Nov 1.7.50 PM EDT Disclaimer Pre-market 1.064.10 -5.90 (0.55%) 1 day 5 days 1 month 6 months YTD 1year 5 years Max Jun 2018 1298 0 USD Thu, 26 Oct 2018 Open 1,075,80 1039 1,062 46 750.45 41.52 Divyield Prev close 52ak high 52-klow Low PE 107677 1273.89 980 54 Balance Sheet 30/2018 3/31/2018 Period Ending Current Assets Cash And Cash Equivalents 14 148 000 12658.000 Short Term Investments 88 106.000 90 227 000 Net Receivables 17 244.000 16 814 000 Stockholders' Equity Common Stock 42,243,000 41 487 000 Retained Earnings 121,282,000 120,008,000 Treasury Stock -1,525000 -870,000 Other Stockholder Equity -1,525,000 670,000 Total Stockholder Equity 162 000 000 160 825,000 Problem 4 (Continuous) (a) What is the number of common stock shares issued and outstanding by Alphabet? (b) What is approximately Alphabet's market-to-book ratio? (c) What does (b) imply on the economic image of Alphabet provided by accounting statements? (d) As seen from the chart, GOOG dropped by around 20% since its maximum value on July 26, 2018. What do you think happened to Alphabet book value since then? Did it increase? Decrease? Stay the same? (e) What was, approximately, Alphabet's market-to-book ratio on July 26, 2018
