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Following is selected financial information for Netflix, for 2018 and 2017. Note: Complete the entire question in Excel and format each answer to two decimal
Following is selected financial information for Netflix, for 2018 and 2017. Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places. In thousands, except per share data Current assets Current liabilities Total assets Total liabilities Shares outstanding Retained earnings Stock price per share Sales 2018 2017 $10,663,549 $8,436,971 6,487,320 5,466,312 28,571,840 20,914,016 22,809,199 16,973,865 480,259 476,732 2,942,359 1,731,117 294.00 191.96 15,794,341 12,861,984 Earnings before interest and taxes 1,765,749 838,679 Compute and interpret Altman Z-scores for the company for both years. Year 2017 2018 Z-score 4.47 x 4.04 x Is the company's bankruptcy risk increasing or decreasing over this period? Decreasing
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