The SEC Form 10-K of Google is reproduced online at www.wiley.com/college/pratt.

REQUIRED:

Review the Google SEC Form 10-K, and answer the following questions:

a. Describe how nonoperating items affected Google’s reported net income over the last three years. Are all operations still continuing?

b. What was Google’s net income per share of common stock? Has it been increasing or decreasing over the last three years? How much potential dilution do existing shareholders face?

c. How does Google disclose other comprehensive income items, and what was the comprehensive income amount for 2012? Was it above or below net income, and why?