For the fiscal year ending December 31, 2023, Netflix, Inc. reported the following financial figures:...
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Accounting
For the fiscal year ending December 31, 2023, Netflix, Inc. reported the following financial figures: Total Revenue of $33,250 million, Operating Expenses of $23,480 million, and Net Income of $8,690 million. The company's total assets were $68,450 million, and total equity was $34,890 million.
Questions:
- Calculate Netflix's operating profit margin.
- Compute Netflix's net profit margin.
- Calculate the return on assets (ROA) for Netflix.
- Compute the return on equity (ROE) for Netflix.
- If Netflix's total liabilities were $33,560 million, what is the debt to equity ratio?
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