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Netflix has the following abridged financial statement information for fiscal year 2017 and 2018 ($ in billions): Income Statement 2018 2017 Balance Sheet 2018 2017

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Netflix has the following abridged financial statement information for fiscal year 2017 and 2018 ($ in billions): Income Statement 2018 2017 Balance Sheet 2018 2017 Sales 15.79 11.69 Cash 3.79 2.82 7.66 Marketable Securities Cost of Goods Sold 9.97 4.03 Inventory Gross Profit 5.82 0 SG&A Exp. 3.19 9.69 4.22 Total Current Assets 7.67 Interest Expense 0.42049 Fixed Assets 0.3194 0.2382 0.41828 Income Before Tax 1,23 0.48532 Total Assets 25.97 19.01 Income Tax Expense 0.01522 -0.07361 Accounts Payable 0.56299 0.35956 Net Income 1,21 0.55893 Total Current Liabilities 6.49 5.47 10.39 6.53 Long-Term Debt 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 Cash Flows from Investing 0.03433 Common Equity 5.24 3.58 -0.33912 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 debt ratio for 2018 is a. 0.799 b.0.422 C. 1.712 d. 1.459

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