Using the following excerpt of the Statement of Cash Flows below for Netflix, Inc., which...
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Accounting
Using the following excerpt of the Statement of Cash Flows below for Netflix, Inc., which of the following is true about Cash Flows from Financing (CFF) Activities for FY 2020?
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| Netflix decreased its cash. |
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| Netflix repaid more debt than it borrowed for the year. |
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| Netflix issued additional stock. |
Netflix, Inc. NFLX 64110L106 2857817 NASDAQ Common stock Source: FactSet Fundamentals DEC '20 DEC '19 DEC '18 Financing Activities Change in Capital Stock Issuance/Reduction of Debt, Net Other Funds Net Financing Cash Flow 235.4 72.5 124.5 1,001.9 4,433.2 3,926.0 0.0 0.0 -2.0 1,237.3 4,505.7 4,505.7 4,048.5
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