Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the return on equity. Netflix Income Statement FY 2021 Revenue 20,156,447 Cost of Revenue 12,440,213 Gross Profit 7,716,234 Operating Expense 5,111,980 Operating Income 2,604,254
Calculate the return on equity.
Netflix Income Statement
FY 2021
Revenue 20,156,447
Cost of Revenue 12,440,213
Gross Profit 7,716,234
Operating Expense 5,111,980
Operating Income 2,604,254
Int Expense 441,187
Taxes 195,315
Net Income 2,163,067
From the Balance Sheet
Shareholders Equity 5,069,242
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