Use the Securities and Exchange Commissions EDGAR corporate filings database to search for and view the annual reports on Form 10-K of Google and Yahoo. You can also access the most recent Form 10-K for these companies by clicking on the hyperlinks below.

Google (click on the Document Link for Form 10-K)

Yahoo (click on the Document Link for 10-K)

In the Table of Contents, go to Item 8 Financial Statements and Supplementary Data. Using information from the statement of cash flows, answer the following questions for each company:

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?