Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 42

Refer to Google 's financial statements in Appendix A. Identify Google's net earnings (income) for the year ended December 31, 2013. Is its net earnings equal to the increase in cash and cash equivalents for the year Explain the difference between net earnings and the increase in cash and cash equivalents.

Reference: Google 's financial statements in Appendix A