Waterfall charts draw attention to factors that cause differences between amounts, such as the increase in a company's net income from last year to this year or the change in cash position between the beginning and end of this year.

(The answers that many people have been providing to this problem have been wrong, as you can see they are incorrect below. I would truly appreciate if anyone can please provide accurate answers to the problems.)

Waterfall charts draw attention to factors that cause differences between amounts, such as the increase in a company's net income from last year to this year or the change in cash position between the beginning and end of this year. Shown below are waterfall charts for a hypothetical company named Newflix, which is similar to Netflix, Incorporated Newflix's Net Income Changes $3,000 $2,500 $2,000 (in millions $1.500 $1.000 $500 $0 Last year's More income tax More Additional Greater More This year's netlacome member savings content mariting payroll interes net income Newflix's Changes in Cash Position $5,000 54,000 58,000 in millions) $2.000 $1,000 30 Beginning cash Cash from position Issuing Investment et cash spent Payments for Ending cash sales and on operations property on position *+ableau K Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 According to the red waterfall chart, what was the amount of Newflix's net income (in Millions) last year? (Enter your answers in millions (le, 10,000,000 should be entered as 10).) Newlix's net income last year million Merculeads Required 2 > 200 Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 According to the red waterfall chart, what was the amount of Newflix's net income (in Millions) this year? (Enter your answers in millions (le, 10,000,000 should be entered as 10).) Newlix's net income this year 600 millon Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? More content expenses Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? (Enter your answers in millions (le, 10,000,000 should be entered as 10).) Newl's beginning cash position this year 1,500 million Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? (Enter your answers in millions (le, 10,000,000 should be entered as 10).) Newli's ending cash position this year 2,800 million $ Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income" waterfall chart? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Required 6 According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income" waterfall chart? Biggest contributing factor Cash from issuing new loans Directly affects Income tax savings Required