MANAGERIAL ACCOUNTING 14^th Edition by GARRISON NOREEN BREWER CHAPTER 14

Internet Exercise #1

Search the Securities and Exchange Commissions EDGAR corporate filings data base at http://www.sec.gov/edgarhp.htm for the annual report on Form 10-K of Google Inc. (choose the one with the Standard Industrial Code (SIC) of 7370). Using information from the companys statements of cash flows, answer the following questions:

Which method, direct or indirect, was used to prepare the companys Statement of Cash Flows? How can you tell?

How much cash and cash equivalents did the company have on hand at the end of its most recent fiscal year?

What is the trend in the companys net cash from operations over the past three years?

What were the significant cash flows from or used by financing activities during its most recent fiscal year?

What were the significant cash flows from or used by investing activities during its most recent fiscal year?