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...But it has around $80 billion sitting in Google’s bank accounts or other short-term investments Does anyone know who comes up with this number?
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http://finance.yahoo.com/q/ks?s=goog Total Cash (mrq): 70.91B Total Cash Per Share (mrq): 103.11 Total Debt (mrq): 8.50B Total Debt/Equity (mrq): 7.31 Current Ratio (mrq): 4.77 Book Value Per Share (mrq): 169.03
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^ty, I'll keep that one in my pocket. " Their hoarding of it hints that they think the next transformative innovation could be just around the corner. If in fact they do — and if they’re right — it’s good news for all of us." maybe it's just me, but I feel like this is just an optimistic p.o.v over the state of our economy