Question

In: Accounting

Prepare a pro forma income statement and balance sheet for the 'coming year' for Netflix (NFLX)

Prepare a pro forma income statement and balance sheet for the 'coming year' for Netflix (NFLX)

Solutions

Expert Solution

Annual Income Statement (values in 000's) of netflix for the period ending xxxx

particulars amount$
Total Revenue *****
Cost of Revenue (*****)
Gross Profit *****
Operating Expenses *****
Research and Development *****
Sales, General and Admin. *****
Non-Recurring Items *****
Other Operating Items *****
Operating Income *****
Add'l income/expense items *****
Earnings Before Interest and Tax *****
Interest Expense *****
Earnings Before Tax *****
Income Tax *****
Minority Interest *****
Equity Earnings/Loss Unconsolidated Subsidiary *****
Net Income-Cont. Operations *****
Net Income *****
Net Income Applicable to Common Shareholders *****

Balance sheet of Netflix(values in 000's) for the period ending xxxxxx

PARTICULARS AMOUNT$
?CURRENT ASSETS *******
Cash and Cash Equivalents ***
Short-Term Investments *****
Net Receivables *****
Inventory *****
Other Current Assets ******
Total Current Assets ******
Long-Term Assets *****
Long-Term Investments ******
Fixed Assets ******
Goodwill ******
Intangible Assets *****
Other Assets ******
Total Assets ******
Current Liabilities *******
Accounts Payable *****
Short-Term Debt ******
Other Current Liabilities ******
Total Current Liabilities ******
Long-Term Debt *******
Other Liabilities ******
Deferred Liability Charges *******
Misc. Stocks ******
Minority Interest *******
Total Liabilities ******
Stock Holders Equity ******
Common Stocks *******
Retained Earnings ******
Other Equity *****
Total Equity *****
Total Liabilities & Equity ******

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