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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 2018 2017 Current assets $10,663,549 $8,436,971 Current liabilities 6,487,320 5,466,312 Total assets 28,571,840 20,914,016 Total liabilities 22,809,199 16,973,865 Shares outstanding 480,259 476,732 Retained earnings 2,942,359 1,731,117 Stock price per share 294.00 191.96 Sales 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 Z-score 2017 Answer 2018 Answer Is the company's bankruptcy risk increasing or decreasing over this period
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