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Netflix, Inc. is a global provider of streaming movies and television series. For the quarter ended June 30, 20X2, the company reported the following financial
Netflix, Inc. is a global provider of streaming movies and television series. For the quarter ended June 30, 20X2, the company reported the following financial information:
- Total revenue: $15,000,000
- Cost of goods sold: $5,000,000
- Selling and administrative expenses: $3,000,000
- Other operating expenses: $1,500,000
- Income tax expense: $2,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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