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This chapter defined and discussed accrual transactions. Complete the following requirements using 2 0 1 8 financial statements available on the Internet for Netflix, Incorporated.
This chapter defined and discussed accrual transactions. Complete the following requirements using financial statements available on the Internet for Netflix, Incorporated. Obtain the statements by following the steps given. Be aware that the formatting of the companys website may have changed since these instructions were written.
Go to wwwnetflix.com.
Click on Investor Relations, which is at the bottom of the page in very small print.
Click on the Annual Reports and Proxies link at the bottom of the page.
Click on the Annual Report. Use the pdf version of the annual report.
Find the companys balance sheet and complete the following requirements. In recent years, this has been shown toward the end of the Form K section of the companys annual report, around page The Index near the beginning of the report can help you locate the financial statements.
a Place a check mark next to the accounts on Netflixs balance sheet that are accrual type accounts.
Note: Check all that apply.
check all that apply
Cash and cash equivalents
Current content assets, net
Other current assets
Noncurrent content assets, netunanswered
Property and equipment, netunanswered
Other noncurrent assetsunanswered
Current content liabilities
Accounts payable
Accrued expenses
Deferred revenueunanswered
Noncurrent content liabilitiesunanswered
Longterm debtunanswered
Preferred stockunanswered
Common stockunanswered
Accumulated other comprehensive lossunanswered
Retained earnings
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