skywest case
David Rawlings
Sue Rich
Mike Caggiano
Ammar Subhani
Naina Shaheryar
Group Assignment 1
Fall Semester 2014
Netflix 2013 Annual Report
Secure a PDF file containing Netflix 2013 Annual Report. You can find it at Netflix.com by clicking on Investor Relations, and Annual Reports & Proxies. The 2013 Annual Report is also available under Assignment 1 in Canvas.
Answer the following questions in MS Word. I recommend you use this document to write your answers. For requirement 5, create an Excel Spreadsheet that can be incorporated into your MS Word document. You will submit a completed MS Word File in Canvas under Group Assignment 1. The due date is listed in the syllabus. Only one person from each group will submit the assignment in behalf of the entire group once the group has completed the project together.
1. What is Netflix Business?
i. DVD Rental, Internet television network
b. How do they make money?
i. Providing access to TV shows and movies via the internet and DVD rental by mail.
2. What financial statements are commonly prepared for external reporting purposes?
i. Balance Sheet, Income Statement, Statement of Stockholder’s Equity, Statement of Cash Flows
b. What titles does Netflix give these statements?
i. Balance Sheet: Consolidated Balance Sheets; Income Statement: Consolidated Statements of Operations; Statement of Stockholder’s Equity: Consolidated Statements of Stockholder’s Equity; Statement of Cash Flows: Consolidated Statements of Cash Flows
c. What are subsidiaries?
i. Companies controlled by a holding company (a company that owns other companies’ stock often not producing goods or services itself)
d. What does consolidated mean?
i. Combine a number of financial accounts into a single overall account
3. How often do publicly traded companies typically prepare financial statements for external reporting purposes?
i. Quarterly and annually
b. What is Netflix’s annual reporting period (year-end)?
i. December 31
Sue Rich
Mike Caggiano
Ammar Subhani
Naina Shaheryar
Group Assignment 1
Fall Semester 2014
Netflix 2013 Annual Report
Secure a PDF file containing Netflix 2013 Annual Report. You can find it at Netflix.com by clicking on Investor Relations, and Annual Reports & Proxies. The 2013 Annual Report is also available under Assignment 1 in Canvas.
Answer the following questions in MS Word. I recommend you use this document to write your answers. For requirement 5, create an Excel Spreadsheet that can be incorporated into your MS Word document. You will submit a completed MS Word File in Canvas under Group Assignment 1. The due date is listed in the syllabus. Only one person from each group will submit the assignment in behalf of the entire group once the group has completed the project together.
1. What is Netflix Business?
i. DVD Rental, Internet television network
b. How do they make money?
i. Providing access to TV shows and movies via the internet and DVD rental by mail.
2. What financial statements are commonly prepared for external reporting purposes?
i. Balance Sheet, Income Statement, Statement of Stockholder’s Equity, Statement of Cash Flows
b. What titles does Netflix give these statements?
i. Balance Sheet: Consolidated Balance Sheets; Income Statement: Consolidated Statements of Operations; Statement of Stockholder’s Equity: Consolidated Statements of Stockholder’s Equity; Statement of Cash Flows: Consolidated Statements of Cash Flows
c. What are subsidiaries?
i. Companies controlled by a holding company (a company that owns other companies’ stock often not producing goods or services itself)
d. What does consolidated mean?
i. Combine a number of financial accounts into a single overall account
3. How often do publicly traded companies typically prepare financial statements for external reporting purposes?
i. Quarterly and annually
b. What is Netflix’s annual reporting period (year-end)?
i. December 31