Following is selected financial information for Netflix, for 2018 and 2017. $ thousands, except per share...

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Following is selected financial information for Netflix, for 2018 and 2017. $ thousands, except per share data 2018 2017 Current assets .. $ 9,694,135 $ 7,669,974 6,487,320 25,974,400 Current liabilities. 5,466,312 Total assets ... Total liabilities.. 19,012,742 20,735,635 436,598,597 15,430,786 Shares outstanding. Retained earnings Stock price per share. Sales.... Earnings before interest and taxes.. 433,392,686 1,731,117 2,942,359 267.66 191.96 11,692,713 838,679 15,794,341 1,605,226 Required a. Compute and compare the Altman Z-scores for both years. What explains the apparent trend? b. Is the company more likely to go bankrupt given the Z-score in 2018 compared to 2017? Explain. Following is selected financial information for Netflix, for 2018 and 2017. $ thousands, except per share data 2018 2017 Current assets .. $ 9,694,135 $ 7,669,974 6,487,320 25,974,400 Current liabilities. 5,466,312 Total assets ... Total liabilities.. 19,012,742 20,735,635 436,598,597 15,430,786 Shares outstanding. Retained earnings Stock price per share. Sales.... Earnings before interest and taxes.. 433,392,686 1,731,117 2,942,359 267.66 191.96 11,692,713 838,679 15,794,341 1,605,226 Required a. Compute and compare the Altman Z-scores for both years. What explains the apparent trend? b. Is the company more likely to go bankrupt given the Z-score in 2018 compared to 2017? Explain.

Answer rating: 100% (QA)

A D E 1 2018 2017 2 Current assets 9694135 7669974 3 Current liabilities ... View the full answer