Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please prepare the common-size balance sheet ... we need your help CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) As of December

please prepare the common-size balance sheet ... we need your help

image text in transcribed

CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) As of December 31, 2019 2018 Assets Current assets: Cash and cash equivalents Current content assets, net $ 5,018,437 $ Other current assets Total current assets 3,794,483 5,151,186 748,466 9,694,135 14,951,141 418,281 910,843 25,974,400 1,160,067 6,178,504 24,504,567 565,221 2,727,420 33,975,712 Non-current content assets, net Property and equipment, net Other non-current assets Total assets $ $ $ $ Liabilities and Stockholders' Equity Current liabilities: Current content liabilities Accounts payable Accrued expenses and other liabilities Deferred revenue Total current liabilities Non-current content liabilities Long-term debt Other non-current liabilities Total liabilities Commitments and contingencies (Note 5) Stockholders' equity: Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2019 and 2018; no shares issued and outstanding at December 31, 2019 and 2018 Common stock, $0.001 par value; 4,990,000,000 shares authorized at December 31, 2019 and December 31, 2018, respectively; 438,806,649 and 436,598,597 issued and outstanding at December 31, 2019 and December 31, 2018, respectively Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 4,413,561 674,347 843,043 924,745 6,855,696 3,334,323 14,759,260 1,444,276 26,393,555 4,681,562 562,985 481,874 760,899 6,487,320 3,759,026 10,360,058 129,231 20,735,635 2,793,929 (23,521) 4,811,749 7,582,157 33,975,712 2,315,988 (19,582) 2,942,359 5,238,765 25,974,400 $ $ See accompanying notes to consolidated financial statements

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

Personal Finance Turning Money Into Wealth

Authors: Arthur J. Keown

6th Edition

0132719169, 978-0132719162

More Books

Students also viewed these Finance questions

Question

Big Data' is it likely to enhance information, and if so, how

Answered: 1 week ago