Use the data from the GoPro Income Statement and Balance Sheet file to answer the question. Go Pro had an initial public offering on June 24, 2014. Where does one see evidence of this in the financial statements (check all those that apply)? The increase in revenue between 2013 and 2014. The increase in liabilities between 2013 and 2014 The increase in total equity between 2013 and 2014 The increase in cash and short term investments between 2013 and 2014 101.41 122.67 111.99 3.83 5 Cash and Short Term Investments 6 Accounts Receivable Trade, Net 7 Total Inventory 8 Prepaid Expenses 9 Other Current Assets, Total 217.95 $ 64.55$ 167.92$ 474.06 S 149.94 S 188.23 S 13.65 $ 422.26 $ 183.99 $ 153.03 S 32.46 S Total Current Assets$ 588.54 $ 158.90$ (82.39) $ 146.59 $ 33.50 $ 823.04 $ 833.24 S 120.29$ 358.04 46.52 11 Property/Plant/Equipment, Total - Gross 12 Accumulated Depreciation, Total 13 Goodwill, Net 14 Intangibles, Net 15 Other Long Term Assets, Total 57.09S 78.36 S 1,102.98 S 36.06 $ 917.69 $ Total Assets$ 922.65 S 439.67 18 Liabilities and Stockholder Equity 19 Accounts Payable 20 Accrued Expenses 21 Current Port. of LT Debt/Capital Leases 22 Other Current liabilities, Total 126.42 73.62 60.30 40.26 300.59 53.31 205.03 $ 89.99 $ 173.17$ 126.24 $ 04.85$ 192.73$ 32.98 S$ 32.02 $ 295.18S 27.68$ 258.77 $ 12.27 $ 276.49 $ Total Current Liabilities $ 430.74 $ 26.39 $ 475.70 S 24 Long Term Debt 25 Deferred Income Tax 26 Other Liabilities, Total 13.93 367.84 77.20 Total Liabilities $ 330.94 S 28 Preferred Stock - Non Redeemable, Net 29 Additional Paid-In Capital 30 Common Stock, Total 31Retained Eamings (Accumulated Deficit) 32 Tresury Stock - Common 757.23 $ 274.67)S 446.95 $ 922.65 $ 533.00 $ 108.20$ 663.31 S 144.34$ (35.61) S 772.03 S 1,102.98 S 641.20 S 917.69 $ Total Equity $ Total Liabilities & Shareholders' Equity $ 439.67 GoPro Inc. Income Statement In Millions of Dollars ending 12 months ending 2013-12-31 12 months ending 12 months ending 12 months 2014-12-31 2016-12-31 2015-12-31 4 Total Revenue 5 Cost of Goods Sold, Total 6 7 SellinglGeneralAdmin. Expenses(SG&A) 8 Research & Development 9 Total Operating Expense 10 11 Other, Net 12 13 Income Tax 14 15 Accounting Change 16 Extraordinary Item 17 1,185.48 $ 723.56 $ 461.92 $ 475.99 $ 358.90 $ 1,558.45 $ (372.97)$ 2.21$ (375.18) $ 43.83 $ (419.01) $ 1,619.98 $ 966.76 $ 673.21 $ 376.78 $ 241.69 $ 1,585.23 $ 54.75 $ (2.16) $ 52.59 $ 16.46$ 36.13 S 1,394.20 $ 766.97 $ 627.24 $ 288.35 S 151.85 $ 985.74 623.95 361.78 189.34 73.74 263.08 98.70 Gross Profit$ 440.20 Operating Income $ Income Before Tax$ Income After Tax $ 187.03 S (6.06) S 180.97 $ 52.88 $ 128.09 $ 7.37) 91.33 30.75 60.58 128.09 $ Net Income$ (419.01) $ 26.13$ 60.58
