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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
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 2018 2017 $13,087,082 $10,354,465 6,487,320 5,466,312 35,065,440 25,667,202 27,993,107 20,831,561 589,409 585,081 Retained earnings 2,942,359 1,731,117 Stock price per share 361.00 191.96 Sales 15,794,341 15,785,163 Earnings before interest and taxes 2,167,055 838,679 Compute and interpret Altman Z-scores for the company for both years. Year 2017 2018 Z-score 1.05 x 1 x Is the company's bankruptcy risk increasing or decreasing over this period? Increasing
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