Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Effective Writing A For Accountants

Authors: Claire B. May, Gordon S. May

11th Edition

0134667387, 9780134667386

More Books

Students also viewed these Accounting questions

Question

Find the median for the set of measurements 2, 9, 11, 5, 6.

Answered: 1 week ago