Netflix Income Statement Cash flow & Balance Sheet Financial Case Study Hello,The assignment is to do financials for Netflix. I attached Netflix case and what I need same thing on Costco file. Calculate Ratios Activity
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Market Cap
Current Ratio
Quick Ratio
Price to Earnings
Total Sales
Net Profit
Cash Flow
Costco Case Study
1. Financials
Income Statement in Millions
REVENUE
2019
2018
2017
net sales
149,351
138434
126172
membership fee
3,352
3,142
2,853
Total Revenue
152,703
141,576
129,025
merchandise cost
132,886
123,152
111,882
Selling, general and administrative.
14,994
13,876
12,950
Preopening expenses
86
68
82
operating income
4,737
4,480
4,111
Interest expense
-150
-159
-134
Interest income and other, ne
178
121
62
INCOME BEFORE INCOME TAXES
4,765
4,442
4,039
OPERATING EXPENSES
OTHER INCOME (EXPENSE)
Provision for income taxes
1,061
1,263
1,325
Net income including noncontrolling interests. 3,704
3,179
2,714
Net income attributable to noncontrolling
interests
-45
-45
-35
NET INCOME
$ 3,659
$ 3,134
$ 2,679
Cash Flow
Cash Flow
2019
2018
2017
$ 3704
$ 3,179
$ 2,714
Depreciation and amortization
1,492
1437
1370
Stock-based compensation
595
544
514
Other non-cash operating activities, net
9
-6
-14
Deferred income taxes
147
-49
-29
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interests
Adjustments to reconcile net income;
Changes in operating assets and liabilities:
Merchandise inventories
-536
-1,313
-894
Accounts payable
322
1561
2258
Other operating assets and liabilities, net
623
421
807
Net cash provided by operating activities
6,356
5,774
6,726
Purchases of short-term investments
-1099
-1060
-1279
Maturities and sales of short-term investments
1,231
1,078
1,385
Additions to property and equipment
-2,998
-2,969
-2,502
Other investing activities, net
-4
4
30
Net cash used in investing activities
-2865
-2947
-2366
210
80
-236
2019
2018
2017
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Change in bank payments outstanding
Proceeds from issuance of long-term debt
298
Repayments of long-term debt
-89
3,782
-86
-2200
Tax withholdings on stock-based awards
-272
-217
-202
Repurchases of common stock
-247
-328
-469
Cash dividend payments
-1,038
-689
-3,904
Other financing activities, net
-9
-41
11
Net cash used in financing activities
-1,147
-1,281
-3,218
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND
CASH EQUIVALENTS
-15
-37
25
Net change in cash and cash equivalents
2,329
1,509
1,167
CASH AND CASH EQUIVALENTS BEGINNING OF YEAR
6055
4546
3379
CASH AND CASH EQUIVALENTS END OF YEAR
$ 8,384
$ 6,055
$ 4,546
Balance Sheet
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2019
2018
Cash and cash equivalent
$ 8,384
$ 6,055
Short-term investments
1,060
1,204
Receivables, net
1,535
1,669
Merchandise inventories
11,395
11,040
Other current assets
1,111
321
Total current assets
23,485
20,289
Land
6,417
6,193
Buildings and improvements
17,136
16,107
Equipment and fixtures
7,801
7,274
Construction in progress
1,272
1,140
Less accumulated depreciation and amortization
-11,736
-11,033
Net property and equipment
20,890
19,681
OTHER ASSETS
1,025
860
CURRENT ASSET
PROPERTY AND EQUIPMENT
Net property and equipment
$ 45,400 $
40,830
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable
$ 11,679
$
11,237
.
2019
2018
Accrued salaries and benefits
3,176
2,994
Accrued member rewards
1,180
1,057
Deferred membership fees
1,711
1,624
Current portion of long-term debt
1,699
90
Other current liabilities
3,792
2,924
Total current liabilities
23,237
19,926
LONG-TERM DEBT, excluding current portion
5,124
6,487
OTHER LIABILITIES
1,455
1,314
Total liabilities
29,816
27,727
EQUITY
Preferred stock $0.01 par value; 100,000,000 shares authorized; no
shares issued and outstanding
0
0
Common stock $0.01 par value; 900,000,000 shares authorized;
439,625,000 and 438,189,000 shares issued and outstanding
4
4
Additional paid-in capital
6,417
6,107
Accumulated other comprehensive loss
-1,436
-1,199
Retained earnings
10,258
7,887
Total stockholders’ equity
15,243
12,799
Noncontrolling interests
341
304
Total equity
15,584
13,103
TOTAL LIABILITIES AND EQUITY
$ 45,400 $
40,830
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adership
3. Financials – Do the “number crunching”
Cash Flow – Cash on hand
Income Statement – net profit percent, P/E – Price/Earnings Ratio
Balance Sheet – Ratios: Current, Quick, Market Cap
4 Conclusions & Recommendations
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What do you advise the CEO22
Purchase answer to see full
attachment