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Visit the EDGAR database. Access the 10-K report for the year ended December 31, 2017, filed on February 6, 2018. Any sources used to support
Visit the EDGAR database. Access the 10-K report for the year ended December 31, 2017, filed on February 6, 2018. Any sources used to support your answers below should be cited using APA Style.
To access this information:
Search SEC.gov Company Filings for Google by entering the ticker information, GOOGL , in the Fast Search box
After reviewing the above information, answer the following questions:
- What amount of goodwill is reported on Google's balance sheet? What percentage of total assets does its goodwill represent? Is goodwill a major asset for Google? Explain.
- Locate Note 9 to its financial statements. Identify the change in goodwill from December 31, 2016, to December 31, 2017. Comment on the change in goodwill over this period.
- Locate Note 9 to its financial statements. What are the three categories of intangible assets that Google reports at December 31, 2017? Comment on the change in intangible assets from December 31, 2016, to December 31, 2017.
- What does Google indicate is the life of Patents and developed technology, customer relationships, and trade names according to its Note 8? Comment on the difference between the estimated useful life and the legal life of these intangible assets.
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