Based off Netflix 2020 10k Report.

0001065280-21-000040 (q4cdn.com)

Name: Course: FIN ACC 2, SU2 2021

CH 8

-How much accounts receivable did Netflix report on its balance sheet as of December 31, 2020? As of 2019?

-Refer to the Netflix notes, what types of receivables are included in their Other Current Assets?

-What method does Netflix use to account for their possible bad debt from customers? Does this sound like a good method to you? Why?

-Compute Netflixs acid ratio test as of end of 2020 and another for 2019. Did the year-to-year ratio improve or deteriorate? For each date, if all current liabilities came due immediately, could Netflix pay them off?

-Compute Netflixs current ratio test as of end of 2020 and another for 2019. Did the year-to-year comparison ratio improve or deteriorate? For each date, if all current liabilities came due immediately, could Netflix pay them off?

CH 9

-What depreciation method does Netflix use for reporting in the financial statement? What are the income and tax ramifications in using this method?

-What was the amount of depreciation for the year ended Dec 2020?

-The statement of cash flow reports the cash purchases of pp&e (property plant and equipment). How much were Netflixs paid cash additions to property, plant and equipment during the 2020 year? Did you see any cash sale from the sale of pp&e? If so, how much?

-What was the amount of accumulated depreciation at Dec 31, 2020. What was the net book value of the long-term assets?

-Compute Netflixs asset turnover ratio ending Dec 31, 2020. Round to two decimals. How does? Netflixs ratio compare with its largest competitor? Who is the largest competitor??

CH 10

-Compute the rate of return on total assets for Netflix for 2020, also compute its largest competitors ratio, whats the difference? Is Netflix better or worse?

-How much was Netflix long term debt for 2020 and 2019.

-Compute the debt-to-equity ratio for both years, how does it compare? Any ideas why?

CH 11

-Give the breakdown of Netflixs current liabilities as of Dec 2020. How does that compare to 2019? Any big differences? What and why? (hint, hint, check the notes)

-Calculate the times-interest-earned ratio for 2020 and 2019. Comment if you feel they differ significantly.

CH 12

-How much was Netflixs long-term debt for 2020?

-Please read all the way through note 6 on pages 56 and 57. Give me a short paragraph of what you understood? (Believe me this is not a trick question. I only want to know how much an introductory textbook helps new accounting students understand financial statements, remember that to become an accountant you need not only intro accounting but intermediate and then advanced!! Now you can see why!)

-How many legal proceedings is Netflix concerned about? Are you? Why or why not?

CH 13

-Review to the Stockholders Equity section of the Consolidated Balance Sheets. Does Netflix have any preferred Stock? If so, how much? How much is authorized?

-How much Netflix Common stock is authorized and what does that mean?

-How much stock is outstanding for 2020 and what does that mean?

-Did they buy any back? If so, why?

-How much were the dividends per a share of stock actually given back to the stockholders in 2020? Is that important to you? Why?

CH 14

-Which method did Netflix use to report net cash flow from operating activities?

-Evaluate NETFLIXS Statement of Cash Flows for the year, Mention all 3 cash flows and how you think they are doing with the handling of their cash.

-If Netflix plans similar activities for 2021 what is there expected free cash flow?

-What type of non-cash adjustments to net income did Netflix repot for 2018?

-What was the actual cash provided for investing activities?

-Were you surprised at any of the activities with either the receiving or using of cash? If so which ones and why?

CH 15

-What was a share of stock selling for the close of day on Dec 31, 2020? What is a share of stock selling for as of the close of day June 18, 2021?

-Throughout the project I have asked you to formulate and give me back some analysis and ratios. I have no specific questions for you for this chapter, however, if you go through the formulas on this chapter, feel free to use any others?