Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Netflix, Inc. has the revenues of $29,697 million, net income of $5,116 million, total assets of $44,584 million, and total equity of $15,849 million on

image text in transcribed

Netflix, Inc. has the revenues of $29,697 million, net income of $5,116 million, total assets of $44,584 million, and total equity of $15,849 million on its latest financial statements. Compute its return on assets. 17.23% 53.37% 11.47% 32.28%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Risk Manager Handbook

Authors: Philippe Jorion, Global Association Of Risk Professionals

5th Edition

0470479612, 978-0470479612

More Books

Students also viewed these Finance questions

Question

1. What are your creative strengths?

Answered: 1 week ago

Question

What metaphors might describe how we work together?

Answered: 1 week ago