Using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system), find the annual report (10-K) for Alphabet Inc. for the year ended December 31, 2019. Locate the “Consolidated Statements of Cash Flows” and the “Consolidated Balance Sheets.” You may also find the annual report at the company’s website.

Required:
1. The following items were reported in the most recent year. Determine whether each item is reported in the operating, investing or financing activities section of the statement of cash flows:
a. Changes in accounts receivable
b. Repayments of debt
c. Purchase of property and equipment
d. Maturities and sales of marketable securities
e. Depreciation
2. Which is greater—net income or operating cash flows? By how much?
3. What is the company’s largest cash outflow from investing activities in the most recent year?
4. What is the company’s largest cash outflow from financing activities in the most recent year?
5. What is the total change in cash from operating, investing and financing activities? Identify the amount of cash reported in the balance sheet for the most recent year and the previous year. Does the change in the cash balance equal the change in cash reported in the statement of cash flows?