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Case study to analyze and report on. Review the balance sheet and income statementDownload the balance sheet and income statement for Netflix (NFLX) from 2012-2014.
Case study to analyze and report on. Review the balance sheet and income statementDownload the balance sheet and income statement for Netflix (NFLX) from 2012-2014. 1-Complete pro forma statements for the years 2015-2019, assuming an 8% growth rate for all line items. The cells that need to be completed are shaded in yellow.
see pictures for balance sheet
Balance Sheet Income Statement Period Ending 31-Dec-14 31-Dec-13 31-Dec-12 2015 2016 2017 2018 201 Assets Current Assets Cash And Cash Equivalents 1,113.608 604.965 290,291 Short Term Investments 494.888 595,440 457,787 Net Receivables Inventory Other Current Assets 2,331,973 1,858,358 1,492,713 Total Current Assets 3,940.469 3,058,763 2,240,791 Long Term Investments Property Plant and Equipment 149.875 133,605 131,681 Goodwill Intangible Assets 2.773.326 2,091,071 1,506,008 Accumulated Amortization Other Assets 192.981 129,124 89,410 Deferred Long Term Asset Charges Total Assets 7,056,651 5,412,563 3,967,890 Liabilities Current Liabilities Accounts Payable 271,327 162,453 139,607 Short/Current Long Term Debt Other Current Liabilities 2,391,827 1,991,750 1,536,319 Total Current Liabilities 2.663,154 2,154,203 1,675,926 Long Term Deb 900,000 500,000 400,000 Other Liabilities 1,635,789 1,424,799 1,147,291 Deferred Long Term Liability Charges Minority Interest Negative Goodwill Total Liabilities 5,198.943 4,079,002 3,223,217 Stockholders' Equity Misc Stocks Options Warrants Redeemable Preferred Stock Preferred Stock Common Stock 60 60 56 Retained Earnings 819.284 552,485 440,082 Treasury Stock Capital Surplus 1,042,810 777,441 301,616 Other Stockholder Equity -4.446 3,575 2,915 Total Stockholder Equity 1,857,708 1,333,561 744,673 Net Tangible Assets -915,618 -757,510 -761,335Balance Sheet Income Statement Period Ending 31-Dec-14 31-Dec-13 31-Dec-12 2015 2016 2017 2018 2019 Total Revenue 5,504,656 4,374,562 3,609,282 Cost of Revenue 3,752,760 3,117,203 2,652,058 Gross Profit 1,751,896 1,257,359 957,224 Operating Expenses Research Development 472,321 378,769 329,008 Selling General and Administrative 876,927 650.243 578,224 Non Recurring Others Total Operating Expenses Operating Income or Loss 402,648 228,347 49,992 Income from Continuing Operations Total Other Income/Expenses Net -3,060 -28,131 474 Earnings Before Interest And Taxes 399,588 200,216 50,466 Interest Expense 50,219 29,142 19.986 Income Before Tax 349,369 171,074 30,480 Income Tax Expense 82,570 58,671 13,328 Minority Interest Net Income From Continuing Ops 266,799 87,274 17,152 Non-recurring Events Discontinued Operations Extraordinary Items Effect Of Accounting Changes Other Items Net Income 266,799 112,403 17,152 Preferred Stock And Other Adjustments Net Income Applicable To Common Shares 266,799 112,403 17,152Step by Step Solution
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