a. Briefly describe the operations of Google and indicate whether it is a manufacturing, retail, or Service
Question:
a. Briefly describe the operations of Google and indicate whether it is a manufacturing, retail, or Service Company.
b. Which accounting firm audits Google? Briefly explain the contents of the audit report.
c. What dollar amounts for net income were reported in 2012, 2011, and 2010?
d. Compute Google’s liabilities as a percent of total assets in 2012 and 2011. Did the percentage increase or decrease?
e. How much cash was provided by operating activities during 2012, 2011, and 2010?
f. Comment on Google’s financial performance and condition.
Step by Step Answer:
a Google is primarily a service business providing internet search functions and selling targeted online advertising However due to a recent acquisiti...View the full answer
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