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Refer to the balance sheet of Google. Does it use the direct write-off method or allowance method in accounting for its accounts receivable? What is
Refer to the balance sheet of Google. Does it use the direct write-off method or allowance method in accounting for its accounts receivable? What is the realizable value of its receivables balance as of December 31, 2013?
Appendix A Financial Statement information A-10 Google Inc. in thousands. CONSOLIDATED BALANCE SHEETS an millions, except share and par value amounts which are reflected and par value per share amounts) As of December 3 Cash and cash equivalents Total cash cash equivalents, and marketable securities (including securities loanedofsaaeoand Accounts vable, net of allowance of S581 and $63 recei Receivable under reverse repurchase agreements ferred income taxes, net Income taxes receivable, net repaid revenue share, expenses and other assets Total curre revenue share, expenses and other assets, no Non-marketable equity investments Property and equipment, net Intangible assets, net Total assets Liabilities and Stockholders' Equity Current liab Accounts payable Short-term debt Accrued compensation and benefits Accrued expenses and other current liabilities Accrued revenue share Securities lending payable Deferred revenu Income taxes payable, net Total current liabilities Long-term debt Deferred revenue, non-current Income taxes payable, non-current Defemed income taxes, net, non-current Other long-term liabilities Commitments and contingencies Stockholders' equity: shares authorized: no shares issued Convertible preferred stock, $0.001 par value per share, 100,000 and outstanding par value per share: Class A and Class B common stock and additional paid-in capital, so.001 329,979 (Class A 267,448 12,000,000 shares authorized (Class A 9,000,000, Class B 3,000,000); Class B class B $57) outstanding Class B 56507 and par value of $336 Class A $279, shares issued and and Class ccapital stock, so001 par value per share: 3,000,000 shares authorized no shares issued outstanding Accumulated other comprehensive income Retained eamings Total stockholders' equity Total liabilities and stockholders equity See accompanying notes 1.976 0920 3,755 1,374 24 2,638 743 25,922 22,835 538 125 48,342 61,262 71,715 87,309 93,798 110920Step by Step Solution
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