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Balance sheet for Netflix, 2023 5. Calculate the company's debt to total assets ratio (also called total debt to equity) for both this year and
Balance sheet for Netflix, 2023
5. Calculate the company's debt to total assets ratio (also called total debt to equity) for both this year and the prior year. Show your computations and then the result. Present the figure correctly, each ratio has a specific format The Equation for debt to total assets ratio is: This year: = ( show your work )= (result) Late year: = ( show your work )= (result) Explain what information this ratio provides. Use complete sentences. Has the ratio improved or worsened? Explain your answer and add your comments on the resuits. Use complete sentences Step by Step Solution
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