Cash and cash equivalents of Google Inc. as a percentage of total assets was 14% in 2014 which is lower than the 17% that it was back in 2013 or 16% in 2012. The reason for this decrease in cash and cash equivalents is that Google Inc. spent $738 million to settle its accounts payable and $1,000million paying its short-term debts.
In terms of accounts receivable, it was stated in its 2014 Annual Report, “We record accounts receivable at the invoiced amount and we normally do not charge interest. We maintain an allowance for doubtful accounts to reserve for potentially uncollectible receivables” (citation). Net accounts receivable as a percentage of total assets went from 8% in both 2012 and 2013 to 7% in 2014.
In 2014, Google Inc. discontinued …show more content…
in 2014, there have been developmental changes in the components of balance sheet. In 2014, Cash, fixed assets, inventory, and other assets have increased in 2014, while accounts receivables and short term investment have decreased. In 2013, cash, account receivables, intangible assets and long term investment have decreased, while, inventory and fixed assets have increased. Those increase and decrease in the current assets could be a result of development. The company used both current and long term investment, which have caused a significant decline in common stocks in 2014. As it shows on the balance sheet, even though current liabilities increased in 2014 and 2013, there were also huge increases of retained earnings. This was because they largely invest on their products, and they got the results of …show more content…
went from $2,236million in 2013 to $3,228million in 2014 resulting in a 44% increase. Aside from the issuance of note in 2014, the company entered into a capital lease obligation in 2013. The capital lease has short and long-term obligations of $10million and $236million respectively.
In 2014, there was a change to the articles of incorporation for Google Inc. The change allowed for the issuance of 3 billion Class C capital stock and an increase in the number of authorized class A common stock (from 6 billion to 9 billion valued at $0.001). Class C capital stock was distributed to the shareholders of Class A and Class B common stock as dividend (i.e. stock split).
The current assets of Microsoft Corp. generally showed the increases as it increased 19.25 percent from 2012 to 2013, and 12.6 percent from 2013 to 2014. This was mainly because of short-term investments and net receivables. Thus, total assets of Microsoft Corp. had increased from 17.45 percent in comparison of 2012 and 2013 to 21.03 percent in comparison 2013 and 2014. Good will increased by 8.94 percent from 2012 to 2013. And it also increased by 37.34 percent from 2013 to
In terms of accounts receivable, it was stated in its 2014 Annual Report, “We record accounts receivable at the invoiced amount and we normally do not charge interest. We maintain an allowance for doubtful accounts to reserve for potentially uncollectible receivables” (citation). Net accounts receivable as a percentage of total assets went from 8% in both 2012 and 2013 to 7% in 2014.
In 2014, Google Inc. discontinued …show more content…
in 2014, there have been developmental changes in the components of balance sheet. In 2014, Cash, fixed assets, inventory, and other assets have increased in 2014, while accounts receivables and short term investment have decreased. In 2013, cash, account receivables, intangible assets and long term investment have decreased, while, inventory and fixed assets have increased. Those increase and decrease in the current assets could be a result of development. The company used both current and long term investment, which have caused a significant decline in common stocks in 2014. As it shows on the balance sheet, even though current liabilities increased in 2014 and 2013, there were also huge increases of retained earnings. This was because they largely invest on their products, and they got the results of …show more content…
went from $2,236million in 2013 to $3,228million in 2014 resulting in a 44% increase. Aside from the issuance of note in 2014, the company entered into a capital lease obligation in 2013. The capital lease has short and long-term obligations of $10million and $236million respectively.
In 2014, there was a change to the articles of incorporation for Google Inc. The change allowed for the issuance of 3 billion Class C capital stock and an increase in the number of authorized class A common stock (from 6 billion to 9 billion valued at $0.001). Class C capital stock was distributed to the shareholders of Class A and Class B common stock as dividend (i.e. stock split).
The current assets of Microsoft Corp. generally showed the increases as it increased 19.25 percent from 2012 to 2013, and 12.6 percent from 2013 to 2014. This was mainly because of short-term investments and net receivables. Thus, total assets of Microsoft Corp. had increased from 17.45 percent in comparison of 2012 and 2013 to 21.03 percent in comparison 2013 and 2014. Good will increased by 8.94 percent from 2012 to 2013. And it also increased by 37.34 percent from 2013 to