Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements
Compute and Analyze Measures for DuPont Disaggregation Analysis The 2018 balance sheets and income statement for Netflix Inc. follow. Refer to these financial statements to answer the requirements. NETFLIX INC. Consolidated Statements of Earnings 2018 For Year Ended December 31, $ thousands Revenues $15,794,341 Cost of revenues 9,967,538 Marketing Technology and development General and administrative Operating income 2,369,469 1,221,814 630,294 1,605,226 Other income (expense) Interest expense (420,493) Interest and other income 41,725 Income before income taxes 1,226,458 Provision for income taxes 15,216 Net income $1,211,242 NETFLIX INC. Consolidated Balance Sheets in thousands, except par value 2018 Current assets Cash and cash equivalents $3,794,483 Current content assets, net 5,151,186 Other current assets 748,466 Total current assets 9,694,135 Noncurrent content assets, net 14,960,954 Property and equipment, net 418,281 Other noncurrent assets 901,030 Total assets Current liabilities Current content liabilities Accounts payable Accrued expenses Deferred revenue 56 471 G 760 899 $25,974,400 $4,686,019
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