1. What have been the trends in growth/decline of assets, liabilities and stockholders’equity? 2.Review the long-term liability section of the balance sheet and describe the types of debt financing. 3. How many shares of stock does the company have outstandi December 31,20192018AssetsCurrent assets:Cash and cash equivalents19,07910,019Marketable securities35,77631,095Accounts receivable, net of allowances of $206 and $229 as of December 31, 2019 and December 31, 2018, respectively9,5187,587Prepaid expenses and other current assets1,8521,779Total current assets66,22550,480Property and equipment, net35,32324,683Operating lease right-of-use assets, net9,460Intangible assets, net8941,294Goodwill18,71518.301Other assets2,7592,576Total assets133.37697.334Liabilities and stockholders' equityCurrent liabilities:Accounts payable1,363820Partners payable86541Operating lease liabilities, current800Accrued expenses and other current liabilities11,7355,509Deferred revenue and deposits269147Total current liabilities15,0537,017Operating lease liabilities, non-current9,524Other liabilities7,7456,190Total liabilities32,32213,207 Stockholders' equity:Common stock, S0.000006 par value; 5,000 million Class A shares authorized, 2,407 million and 2,385 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively;4,141 million Class B shares authorized, 445 million and 469 million shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively.Additional paid-in capital42.90645.851Accumulated other comprehensive loss(489(760Retained earnings55.69241.981Total stockholders' equity101.05484.127Total liabilities and stockholders' equity133,37697.334

Name: 1. What have been the trends in growth/decline of assets, liabilities
Uploaded: 2024-03-04T10:43:15.000Z
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Description: 1. What have been the trends in growth/decline of assets, liabilities and stockholders’equity? 2.Review the long-term liability section of the balance sheet and describe the types of debt financing. 3. How many shares of stock does the company have o

Following are the answers to requisite problems1. What have been the trends in growth/decline of assets, liabilities and stockholders ’equity? All the 3 categories - Assets , liabilities and stockholder's equity have shown growth Total Assets have increased from $97,334 to $ 133,376 which highlights a 37% increase All the assets have increased from 2018 to 2019 except intangible assets Total Liabilities have increased $13,207 to $ 32,332 which highlights a growth of 145% All the liabilities have shown an increase Stock holders equity has increased from $84,127 to $101,054 which displays an increase of 20% Thus the trend shows that liabilities have grown at a much faster rate than assets and equities. 2. Review the long-term liability section of the balance sheet and describe the types of debt financing. The company uses operating lease financing to Its long term needs It has taken this lease in the current year itself as the amount corresponding to operating lease liability was nil in the previous year c. How many shares of stock does the company have outstanding ? Shares outstanding = Class A shares outstanding + Class B shares outstanding Thus for 2018 Shares outstanding = 2,385 million + 469 million = 2,854 millions For 2019 Shares outstanding = 2,047 million + 445 million = 2,492 millions