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Netflix Inc. Data for the year ended December 31, 2023: Item Amount Total Assets $2,400,000,000 Total Liabilities $1,700,000,000 Shareholders' Equity $700,000,000 Revenue $1,200,000,000 Operating
Netflix Inc.
Data for the year ended December 31, 2023:
Item | Amount |
Total Assets | $2,400,000,000 |
Total Liabilities | $1,700,000,000 |
Shareholders' Equity | $700,000,000 |
Revenue | $1,200,000,000 |
Operating Expenses | $800,000,000 |
Requirements:
- Calculate Netflix's debt-to-equity ratio.
- Determine Netflix's net profit margin.
- Analyze the impact of total assets on Netflix's financial leverage.
- Discuss how Netflix recognizes revenue from streaming services.
- Evaluate Netflix's financial health using the interest coverage ratio.
- Explain the role of the Income Measurement Objective in Netflix’s financial performance and strategic planning.
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