Question: Prepare a cash flow statement for Netflix Inc. for the year ended December 31, 20X4, using the indirect method. Use the following information: Net income:

  1. Prepare a cash flow statement for Netflix Inc. for the year ended December 31, 20X4, using the indirect method. Use the following information:
    • Net income: $1,000,000
    • Depreciation expense: $200,000
    • Increase in accounts receivable: $50,000
    • Decrease in accounts payable: $30,000

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