Using the information provided for Netflix, Inc., calculate the debt-to-equity ratio at December 31, 2007, and December 31, 2008. Provide an explanation of what this ratio measures and whether the ratio has improved from 2007 to2008.
Answer to relevant QuestionsOn March 1, 2011, the accounting records of Stein Company showed the following liability accounts and balances:Accounts payable ........... $21,600Short-term notes payable ........ 10,000Interest payable .......... ...Adam Ship Builders issued $5 million of its 7% bonds on February 8, 2010, at 96. The bonds mature on June 30, 2020. Interest is payable semiannually on June 30 and December 31.Requirements1. What were the proceeds from the ...If $100,000 of 8% bonds are issued (sold) for $95,000, was the market rate of interest at the time of issue higher or lower than 8%? What is the amount of the annual interest payments to be received by the bondholders?Suppose you want to have $5,000 saved at the end of five years. The bank will pay 2% interest on your money. How much would you have to deposit today to have the $5,000 you want at the end of five years?What are the two sections of the shareholders’ equity section of the balance sheet? Explain what each section reports.
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