Question
Compare the operating margins of Netflix Inc. and Disney based on the following financial data for the year ended December 31, 2023: Item Netflix Inc.
Compare the operating margins of Netflix Inc. and Disney based on the following financial data for the year ended December 31, 2023:
Item | Netflix Inc. | Disney |
Net Sales Revenue | $10,000,000 | $12,500,000 |
Operating Expenses | $8,000,000 | $9,000,000 |
Question:
Which company has a higher operating margin? Calculate the operating margin for each company and compare.
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
