Question: 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

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.

Netflix, Inc. Consolidated Balance Sheet (adapted) December 3 2007 2008 (dollars in thotisands) Assets Total current assets Total assets $432,423 . $678,998 $361,447 Liabilities and Shareholders Eqnity Total current liabilities Total liabilities Total shareholders' equity Total liabilities and shareholders' equity 208,905 249,186 429.812 $216,017 270,791 347.155 5617.946

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