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nges in 21. Google, an Internet company, reported the following information for

ID: 2328783 • Letter: N

Question

nges in 21. Google, an Internet company, reported the following information for fiscal year 2010 (in millions of dollars) onth or property, plant, and equipment, gross Accumulated depreciation Current liabilities Shareholders' equity Total assets Other liabilities Total revenue Cost of Revenue Cash flow from operations ash p $11,771 $4,012 $9,996 $46,241 57,851 $1,614 $8,440 $2,946 $11,081 $10,680 Cash flow from investing activities $3,432 Change in cash balance a) What is the amount of Google's long-term debt? b) What is the amount of Google's net property, plant, and equipment? c) What is the amount of Google's gross profit? d) What is the amount of Google's cash flow for/from financing? Page 14 of 16 Page 1 of 16

Explanation / Answer

SL # Given that - Amt in million a Property , plant and equipment gross 11771 b Accumulated depreciation 4012 c Current liabilities 9996 d Shareholder's equity 46241 e total asset 57851 f other liabilities 1614 g total revenue 8440 h Cost of revenue 2946 i Cash flow from operation 11081 j Cash flow from investing activities -10680 k Change in cash balance 3432 Answer a) Long term debt = Total asset - Current liabilities - shareholder's equity=e-c-d 1614 Answer b) Net property plant and equipment = Gross, property plant equipment- Accumulated depreciation = a-b 10157 Answer c) Gross profit = Revenue - cost of revenue = g-h 5494 Answer d) Cash flow from financing = Change in cash balance - Cash flow from operation-cash flow from investing activities = k-i-j 3031