$3\mathrm{.}14$: Google, Inc. $($GOOG$),$ is one of the most successful internet firms, and it experienced very

rapid growth in revenues from $2011$ through $2014.$ The cash flow statements for Google, Inc.,

spanning the period are as follows:

Answer the following questions using the information found in these statements:

a$.$ Is Google generating positive cash flow from its operations?

b$.$ How much did Google invest in new capital expenditures over these four years?

Google invested the following amounts in new capital expenditures $($CAPEX$)$ over the

four years:

c$.$ Describe Google's sources of financing in the financial markets over these four years.

Issuance $($retirement$)$ of debt, net:

d$.$ Based solely on the cash flow statements for $2011$ through $2014,$ write a brief

narrative that describes the major activities of Google's management team over these

four years.