Review the Google SEC From 10-K, and answer the following questions:
a. Does Google carry investment portfolios in trading and available-for-sale securities?
b. Has Google exercised the fair value option for any of these investments? If so, which ones, and which levels of measurement (1, 2, or 3) did Google rely upon to estimate the market values?
c. Did Google have any major acquisitions during 2012? Replicate the entry recorded to account for this acquisition.
d. How much goodwill did Google report on its 2011 and 2012 balance sheets? Explain the difference from 2011 to 2012.
e. Does Google have any investments for which they use the equity method? Explain.
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”