Question: CVP Analysis Using Published Financial Statements Condensed data in thousands of dollars (000) from Netflixs 2009 and 2010 income statements follows: 2010 2009 Revenues......... $2,162,625

CVP Analysis Using Published Financial Statements

Condensed data in thousands of dollars (000) from Netflixs 2009 and 2010 income statements follows:

2010 2009
Revenues......... $2,162,625 $1,670,269
Total Cost of Revenues and Operating expenses (1,878,984) (1,478,330)
Operating Income $283,641 $191,939

Develop a cost-estimation equation for Netflixs annual cost of revenues and operating expenses and determine its annual break-even point.

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