Answered step by step
Verified Expert Solution
Question
1 Approved Answer
As reported on December 31, 2018, December 31, 2017; and December 31, 2016 what percentage of total assets is financed by contributed capital paid-in by
As reported on December 31, 2018, December 31, 2017; and December 31, 2016 what percentage of total assets is financed by contributed capital paid-in by stockholders? Round to 2 decimal places.
Ans.: December 31, 2018 ______ %; December 31, 2017 ______ %; December 31, 2016 ______ %
Consolidated Balance Sheet (in thousands) | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Total assets | 25,974,400 | 19,012,742 | 13,586,610 |
Current liabilities: | |||
Current content liabilities | 4,686,019 | 4,173,041 | 3,632,711 |
Accounts payable | 562,985 | 359,555 | 312,842 |
Accrued expenses | 477,417 | 315,094 | 197,632 |
Deferred revenue | 760,899 | 618,622 | 443,472 |
Total current liabilities | 6,487,320 | 5,466,312 | 4,586,657 |
Non-current liabilities: | |||
Non-current content liabilities | 3,759,026 | 3,329,796 | 2,894,654 |
Long-term debt | 10,360,058 | 6,499,432 | 3,364,311 |
Other non-current liabilities | 129,231 | 135,246 | 61,188 |
Total non-current liabilities | 14,248,315 | 9,964,474 | 6,320,153 |
Total liabilities | 20,735,635 | 15,430,786 | 10,906,810 |
Owner's Equity: | |||
Preferred stock | 0 | 0 | 0 |
Common stock | 2,315,988 | 1,871,396 | 1,599,762 |
Accumulated other comprehensive loss | (19,582) | (20,557) | (48,565) |
Retained earnings | 2,942,359 | 1,731,117 | 1,128,603 |
Total owner's equity | 5,238,765 | 3,581,956 | 2,679,800 |
Total liabilities and stockholders equity | $ 25,974,400 | $ 19,012,742 | $ 13,586,610 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started