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Netflix has the following abridged financial statement information for fiscal year 2017 and 2018 ($ in billions): Balance Sheet Income Statement 2018 2017 2018 2017
Netflix has the following abridged financial statement information for fiscal year 2017 and 2018 ($ in billions): Balance Sheet Income Statement 2018 2017 2018 2017 Sales 15.79 Cash 3.79 11.69 2.82 Cost of Goods Sold Marketable Securities 0 9.97 7.66 0 5.82 Gross Profit 4.03 Inventory Total Current Assets SG&A Exp. 4.22 3.19 9,69 7.67 Interest Expense 0.42049 0.2382 Fixed Assets 0.41828 0.3194 Income Before Tax Total Assets 1.23 0.48532 25.97 19.01 -0.07361 Accounts Payable Income Tax Expense 0.01522 0.56299 0.35956 1.21 0.55893 Net Income Total Current Liabilities 6.49 5.47 6.53 Long-Term Debt 10.39 Cash Flow Statement 2018 2017 Total Liabilities 20.74 15.43 Cash Flows from Retained Earnings Operations -2.68 -1.79 2.94 1.73 0.03433 Cash Flows from Investing -0.33912 Common Equity 5.24 3.58 Cash Flows from Financing Total Equity 4.05 3.08 5.24 3.58 On 12/31/2018, Netflix has 436,600,000 shares outstanding, stock price of $267.66, and annual earning growth rate of 49.84%. Netflix does not issue any dividends. Netflix's fixed asset turnover ratio for 2018 is a. 42.81 b. 37.75 C. 55,42 d. 49.44
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