Question
Netflix reported total assets of $37 billion and total liabilities of $25 billion for the fiscal year 2021. Compute Netflix's debt-to-equity ratio and return on
Netflix reported total assets of $37 billion and total liabilities of $25 billion for the fiscal year 2021. Compute Netflix's debt-to-equity ratio and return on assets (ROA), and interpret how these ratios reflect the company's financial leverage and efficiency in generating returns from its assets.
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
1285190904, 978-1305176348, 1305176340, 978-1285190907
