Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume you are the new CEO of Netflix.shop, the online store for branded merchandise at Netflix ( Ticker symbol: NFLX ) , the streaming company.

Assume you are the new CEO of Netflix.shop, the online store for branded merchandise at Netflix (Ticker symbol: NFLX), the streaming company. Your first two weeks include crucial meetings with internal and external stakeholders. To best prepare to address top executives and investors questions, you first want to understand Netflixs performance thus far, its growth opportunities,
and financing options.
Next, you want to understand the financial implications of Netflixs largest investment (i.e.content acquisition and production). To that effect, answer the following questions:
4. Answer both, parts a and b
a. What is the largest component of cost of revenue?
b. What % of streaming revenue was it in 2022? Round to 2 decimal points and
include % symbol. For example, enter 32.56% not 0.36 or 32.5%.
5. How much cash did Netflix collect from customers in 2022(in thousands)?
6. As of December 31,2022, what percentage of its net licensed content does Netflix approximately expect to amortize over the next three years?
7. As of December 31,2022, what percentage of Netflixs content obligations is considered off balance sheet(i.e., not reflected on the balance sheet)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Principles and Applications

Authors: Sheridan Titman, Arthur Keown, John Martin

12th edition

133423824, 978-0133423822

More Books

Students also viewed these Finance questions

Question

Describe three productive topics of study in biological psychology.

Answered: 1 week ago