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Financial Statements
Netflix is a publicly traded Internet television network whose fiscal year ends on
December 31st of each year. Based on the financial statements provided on their Investor
Relations website, the net income for the current fiscal year ending December 31, 2015, indicates
a revenue amount of $122,641 (Netflix, 2016). This number is down from the previous year
where the net income for the fiscal year ending December 31, 2014 came to $266,799. This
results in a difference of $144,158 between the two years.
The change in net income is relevant to investors because the net income represents the
bottom line when it comes to the company’s performance. By looking at only the net income
numbers, one is not able to compare the results to those of a competitor in the same time period.
Other factors that come into play when looking at net income are the variables such as customer
