Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 6, Problem 11DQ

Refer to Google’s financial statements in Appendix A. Identify Google’s net earnings (income) for the year ended December 31, 2016. Is its net earnings equal to the change in cash and cash equivalents for the year? Explain the difference between net earnings and the change in cash and cash equivalents.

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