Google Inc. (now part of Alphabet Inc.) presented the following information in its statement of cash flows
Question:
Google Inc. (now part of Alphabet Inc.) presented the following information in its statement of cash flows in a recent annual report (amounts in millions):
The following information was taken from Google's statement of shareholders' equity (amounts in millions):
INSTRUCTIONS:
a. What is meant by "net proceeds" on the statement of cash flow? What is the difference between " net" and "gross"?
b. What happened with the share price of Google over the three years? Discuss your calculations.
c. List some reasons for the trend in share price.
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Step by Step Answer:
a Net proceeds are the final amount a seller receives from the sale of an asset after all costs have been taken into consideration Depending on the as...View the full answer
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