Intermediate Accounting I

Midterm take home test (partial) - 30 points

Due date: Sunday, Nov. 2, 2014
Please fill in the following information using info from your designated 10-K:
Student Name

Jagdeep Singh

Company Name

Google

Ticker Symbol
Fiscal Year End

Goog
Dec. 31 2013

SIC Code:

Grading:
-2 for each incorrect answer
-3 for missing formula(s)
7370 -3 missing interpretation of ratios.

You must provide me with a copy of ALL your source

documents. Meaning, everything that you looked at in the
10-K or proxy to prepare this spreadsheet. -1 point for each
missing document!!!!
You may not have information for 2014 available. If not, change the
column headings. Note: Since the balance sheet only contains two
years, you will have to look at the prior year 10-K as well.
Do not use a calculator to do ANY calculations! Use formulas (in Excel) for all items marked with an asterisk.
Round your answers e.g. $34,345.2 round to $34,345.
Check one:
in millions (x )
in thousands ( )
2013
2012
Current Assets ($)
Current Liabilities($)
Total Liabilities ($)
Total Shareholders' Equity ($)
Net Income ($)
*Working Capital ($)
*Current Ratio
*Debt to Equity Ratio
*Return on (average) shareholders' equity
After you calculate ALL of the above ratios, interpret the results of
your calculations.
Your interpretation goes here (wrap text if necessary):
Find the following in your 10-K:
1) Was there a subsequent event footnote?
If so, what was it for? (Be brief)
2) Was there a related party transaction?
If so, who was the related party(ies) and
what was the transaction(s)?
3) Find the auditors report. Who are the company's auditors?

$72,886
$15,908
$23,611
$87,309
$12,920
$56,978
4.58
0.27
0.147980162

$60,454
$14,337
$22,083
$71,715
$10,737
$46,117
4.22
0.31
0.149717632

$52,758
$8,913
$14,429
$58,145
$9,737
$43,845
2637.90
0.25
0.167460659

Yes ( x)
No ( )
Google acquried 100% of Nest Labs and agreed a deal with Motorala Mobile segment
Yes (x )
No ( )
The Chiarman of the Board Erci Schmidt owsn 100% personal aircraft and owns another aircraft for 33%.
The reimbursement rate for use of these aircraft is $7,500 per hour

Ernst & Young

Find the most recent proxy statement in EDGAR (DEF 14A) & find the following (add any necessary columns):
Executive Compensation for:
Salary
Bonus

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2011

Stk/Options

Other

Total

11/3/2014 8:24 PM

CEO
CFO

1
1

0
0

0
0

0
0

1
1

What is the policy for non-employee director compensation? How much

compensation do they get for sitting on the company's board? (Do not
include compensation for committee work)
It consist of both a cash component, designed to compensate members for their service, and an equity component.
I am looking for policy here, not compensation received by each director)
Add columns as necessary
Cash
Stock
Options
Other
75000
351919
1221776
Is the CEO also the Chairman of the Board?

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Yes ( )

No (x ) it is Eric Schmidt

11/3/2014 8:24 PM