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Please show work for answers. 4. Go to the Statement of Cash Flows. For the most recent year: a. What were capital expenditures? b. What
Please show work for answers.
4. Go to the Statement of Cash Flows. For the most recent year: a. What were capital expenditures? b. What amount did the company report for the disposal (sale) of long-lived assets? c. In what section of the statement of cash flows-operating, investing, or financing-did you find the information for a and b ? d. Was depreciation and/or amortization expense added back or subtracted from net income in the operating section of the statemen of cash flows? Why are they added back or subtracted on the statement of cash flows? NETFLIX, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands)Step by Step Solution
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