Question
For this question, refer to worksheet Model. As of 31 Dec 2023, Netflix had 260.28 million subscribers. The company has increased advertising expenditure
For this question, refer to worksheet Model.\ \ As of 31 Dec 2023, Netflix had 260.28 million subscribers.\ \ The company has increased advertising expenditure and is expecting to attract new subscribers in some of its emerging markets.\ \ In the Model worksheet you will find assumptions for three scenarios (Best, Base and Worst):\ \ Month-by-month rates of acquisition of new customers (Jan 24 - Dec 24).\ A constant rate of attrition (rate at which Netflix expects customers to leave).\ A constant average subscription fee.\ In the Revenue Forecast section of the model, please:\ \ Create a scenario switch\ Use a corkscrew to estimate the number of subscribers at the end of each month (31 Jan 2024 - 31 Dec 2024)\ Calculate the expected revenue at the end of each month (31 Jan 2024 - 31 Dec 2024)\ Show your work in the Excel sheet Model, under the REVENUE FORECAST section\ \ Please answer below:\ \ In the Best Case:\ the number of subscribers in thousands at the end of 31 Mar 2024 is \ [ Select ]\ In the Base Case:\ Revenue in millions of $ at the end of 31 May 2024 is \ [ Select ]\ In the Worst Case:\ the number of subscribers in thousands at the end of 31 Dec 2024 is \ [ Select ]
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