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  3. netflix, inc. reported the following financial fig

Netflix, Inc. reported the following financial figures for the fiscal year ending December 31, 2023:...

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Accounting

Netflix, Inc. reported the following financial figures for the fiscal year ending December 31, 2023: Total Revenue of $30,940 million, Cost of Goods Sold (COGS) of $10,760 million, Operating Expenses of $15,350 million, and Net Income of $4,410 million. The company’s total assets were $49,670 million, and total equity was $22,390 million.

Questions:

  1. Calculate Netflix’s gross profit margin.
  2. Determine Netflix’s operating profit margin.
  3. Compute Netflix’s net profit margin.
  4. Calculate the return on assets (ROA) for Netflix.
  5. Compute the return on equity (ROE) for Netflix.

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