Question 4

Following data is extracted from the financial statements of Facebook, Inc. for 2017:

Purchases of property and equipment $6,733

Purchases of marketable securities $25,682

Sales of marketable securities $9,444

Maturities of marketable securities $2,988

Acquisitions of businesses $122

Deferred revenue $40

Prepaid expenses and other current assets $192

Taxes paid related to net equity share settlement awards $3,246

Principal payments on financing obligations $312

Repurchases of Class A common stock $1,976

Calculate the following for Facebook Inc.:

a) The net cash flows from investing activities in 2018?

b) The net cash flows from financing activities in 2018?

c) The net change in cash and cash equivalents, if the net cash flow from operating activities in 2017 is $ 24,216?

must show the detailed calculations.