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CVP Analysis Using Published Financial Statements Condensed data in thousands of dollars (000) from Netflixs 2009 and 2010 income statements follows: 2010 2009 Revenues......... $2,162,625
CVP Analysis Using Published Financial Statements
Condensed data in thousands of dollars (000) from Netflixs 2009 and 2010 income statements follows:
2010 | 2009 | |
Revenues......... | $2,162,625 | $1,670,269 |
Total Cost of Revenues and Operating expenses | (1,878,984) | (1,478,330) |
Operating Income | $283,641 | $191,939 |
Predict operating profit for 2011 assuming 2011 sales of $3,204,577 thousand and identify the assumptions required to use the equations and amounts just computed.
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