Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the Times interest earned ratio: Income Statement Area 1.1 Netflix Income Statement begin{tabular}{|c|r|} hline & FY 2021 hline Revenue & 20,156,447 hline
Calculate the Times interest earned ratio:
Income Statement Area 1.1 Netflix Income Statement \begin{tabular}{|c|r|} \hline & FY 2021 \\ \hline Revenue & 20,156,447 \\ \hline Cost of Revenue & 12,440,213 \\ \hline Gross Profit & 7,716,234 \\ \hline Operating Expense & 5,111,980 \\ \hline Operating Income & 2,604,254 \\ \hline Int Exp & 526,770 \\ \hline Taxes & 195,315 \\ \hline Net Income & 2,077,484 \\ \hline From the Balance Sheet & \\ \hline Shareholders Equity & 5,213,122 \\ \hline \end{tabular}
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