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1 2 3456789 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 55 56 Name: Net sales Cost of goods sold Gross margin Operating expenses Net income Cash Accounts receivable, net Merchandise inventory The Netflix Company began operations in 2024. Its comparative income statements and balance sheets follow. Use a formula to calculate the ratios below. The AVERAGE formula must be used in any ratios using average accounts receivable, average inventory or average total assets. Plant assets, net Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity Liquidity and Efficiency Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover Total asset turnover Solvency Debt ratio Equity ratio Sum of Debt and Equity ratios Debt-to-equity ratio Profitability Profit margin ratio Gross margin ratio Return on total assets Netflix Instructions Netflix Company Comparative Income Statements For Years Ended December 31, 2027-2024 2027 $261,000 133,000 128,000 68,000 $60,000 $40,000 190,000 60,000 142,000 $432,000 2027 2027 2026 $233,000 172,000 Netflix Company Comparative Balance Sheets For Years Ended December 31, 2027-2024 2027 2026 $119,000 $152,000 73,000 65,000 60,000 27,000 180,000 170,000 $432,000 $414,000 2027 61,000 32,000 $29,000 $52,000 220,000 60,000 82,000 $414,000 2026 2026 2026 2025 $203,000 125,000 78,000 Ratios Summary of Ratios 41,000 $37,000 2025 $88,000 57,000 56,000 150,000 $351,000 $38,000 200,000 60,000 53,000 $351,000 2025 2025 Your score: 2025 2024 $144,000 111,000 33,000 17,000 $16,000 2024 $142,000 40,000 17,000 150,000 $349,000 0% $33,000 240,000 60,000 16,000 $349,000
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