Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Apr 13, 2023

Please use the formula below for the question stated. Return on equity (ROE) = Net income Total assets X Total assets Total equity = ROA

Please use the formula below for the question stated.

$Return on equity ( ( ) ROE ( )=frac{text { Net income }}{text { Total assets }} X frac{text { Total assets }}{text {$

b) Calculate Netflixs return on equity for 2021 and 2022 using the DuPont identity and show your view based on your observat

Return on equity (ROE) = Net income Total assets X Total assets Total equity = ROA X Total assets Total equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate Netflixs return on equity ROE for the years 2021 and 2022 using the DuPont identity well use the provided formula and the data from the f... 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

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

Recommended Textbook for

Financial Accounting

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

12th edition

134725980, 9780134726656 , 978-0134725987

More Books

Students also viewed these Accounting questions

Question

★★★★★

List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

Answered: 1 week ago

Question

★★★★★

Consider an elliptically shaped rail PQ in the vertical plane with OP = 3 m and OQ = 4 m. A block of mass 1 kg is pulled along the rail from P to Q with a force of 18 N, which is always parallel to...

Answered: 1 week ago

Question

★★★★★

1. An auditor selected a product maintained in the finished goods Warehouse. The auditor counted the product and compare this amount what the amount in the finished goods Perpetual inventory...

Answered: 1 week ago

Question

★★★★★

The Shamrock Company has a raw materials inventory of $20 million, which is completely replaced approximately 10 times a year. The Bridgewater Bank is willing to advance financing of 75% of the value...

Answered: 1 week ago

Question

★★★★★

In Problems 2738, find an equation for each ellipse. Graph the equation. Foci at (2,0); length of the major axis is 6

Answered: 1 week ago

Question

★★★★★

2. Speak in a firm but nonthreatening voice.

Answered: 1 week ago

Question

★★★★★

What type of research studies lend themselves to the use of e-mail for survey research? What are the advantages and disadvantages of using e-mail?

Answered: 1 week ago

Question

★★★★★

Question 5 9 1 pts Users can't listen to music or watch videos on the web without downloading the complete files first. True False

Answered: 1 week ago

Question

★★★★★

Refer to The Appraisal Journal (Summer 2019) study of the valuation of single Refer to The Appraisal Journal (Summer 2019) study of the valuation of singletenant properties. Recall that the ratio of...

Answered: 1 week ago

Question

★★★★★

Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted selling price per unit is $65. Budgeted unit sales for June, July,...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 Q1 Choose one . 5 points A moving electron has_ Only an electric field O Only a magnetic field O Both electric and magnetic fields O Neither electric or magnetic fields. QUESTION 2 Q2...

Answered: 1 week ago

Question

★★★★★

4. A boy is standing at the base of a tree. In the Bee are his "friends" throwing water-balloons full of hot sauce at him. It's not a prettyr scene. Our hero wants to hit one of (if not all of) these...

Answered: 1 week ago

Question

★★★★★

An astronaut with a total mass M (including his equipment) has been accidentally separated from his shuttle and is at rest with respect to the ship at a distance d away. His tank contains a mass m,...

Answered: 1 week ago

Question

★★★★★

As the new production manager of a small manufacturing plant in Tennessee, you've been charged with making beneficial changes to the production line. After interviewing nearly all of the workers,...

Answered: 1 week ago

Question

★★★★★

Reep Construction recently won a contract for the excavation and site preparation of a new rest area on the Pennsylvania Turnpike. In preparing his bid for the job, Bob Reep, founder and president of...

Answered: 1 week ago

Question

★★★★★

CMS Corporation's balance sheet as of today is as follows: Long-term debt (bonds, at par) $10,000,000 Preferred stock 2,000,000 Common stock ($10 par) 10,000,000 Retained earnings 4,000,000 Total...

Answered: 1 week ago

Question

★★★★★

Suppose the index goes to 18 percent in year 5. What is the effective cost of the unrestricted ARM?

Answered: 1 week ago

Question

★★★★★

Lakewood Jewelry sells to retailers who then resell the products. Lakewood does not offer sales discounts for early payment; it asks that customers pay in full within 15 days or at the point of sale...

Answered: 1 week ago

Question

★★★★★

A Gold Medal Sports outlet store began August 2018 with 42 pairs of running shoes that cost the store $31 each. The sales price of these shoes was $63. During August, the store completed these...

Answered: 1 week ago

Question

★★★★★

A company reports purchases of $388,000, a beginning accounts payable balance of $27,000, and an ending accounts payable balance of $48,000. All purchases were on account. The companys accounts...

Answered: 1 week ago

Question

★★★★★

What opportunities are there in the story to have characters faced with

Answered: 1 week ago

Question

★★★★★

What other characters in the book does this character have a challenging relationship with? Why?

Answered: 1 week ago

Question

★★★★★

How do the mis-matched love languages create conflict within the relationship?

Answered: 1 week ago

Previous Question Next Question