Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Netflix's investments in other companies mainly consists of its subsidiaries located all around the world that provide unique programming consistent with the location and environment
Netflix's investments in other companies mainly consists of its subsidiaries located all around the world that provide unique programming consistent with the location and environment they operate in. Netflix translates the assets and liabilities of these subsidiaries into U.S. dollars using exchange rates at the end of each period. Netlifx also has some marketable securities and some other original maturities in excess of 90 days as available-for-sale that they classify as short-term investments
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started