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for two recent years is as follows (in millions): a. Prepare a vertical analysis of the operating income for the two years. Round percentages to

image text in transcribedimage text in transcribed for two recent years is as follows (in millions): a. Prepare a vertical analysis of the operating income for the two years. Round percentages to one decimal place. Netflix, Inc. Operating Income For the Years Ended December 31 Netflix, Inc. Operating Income For the Years Ended December 31 ((in millions)) \begin{tabular}{|c|c|c|c|c|c|c|} \hline & Year2Amount & Year2Percent & & Year1Amount & Year1Percent & \\ \hline Revenues & $29,698 & & % & $24,996 & & % \\ \hline \multicolumn{7}{|l|}{ Operating expenses: } \\ \hline Cost of revenues & $(17,333) & & % & $(15,276) & & % \\ \hline Marketing & (2,545) & & % & (2,228) & & % \\ \hline Technology and development & (2,274) & & % & (1,830) & & % \\ \hline General and administrative & (1,351) & & & (1,077) & & % \\ \hline Total operating expenses & $(23,503) & & & $(20,411) & & % \\ \hline Operating income & $6,195 & & % & $4,585 & & % \\ \hline \end{tabular}

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