Analysis of Netflix Stockholders' Equity

School: Pennsylvania State University - Course: ACCTG 472 - Subject: Accounting

Owen Zimmerman ACCTG 472 Professor Brown 14 February 2023 Netflix Common Stock 1.How many classes of common stock does the corporation show? One class is shown. 2.For each class of common stock shown, during the most recent two fiscal years: How many shares are authorized? How many shares are issued? How many are outstanding? What is the par value of each? What is the book value per share? For 2020, 4,990,000,000 shares were authorized, 442,895,261 shares were issued and outstanding, with a par value of $0.001. There is no listed book value. For 2019, 4,990,000,000 shares were authorized, 438,806,649 shares were issued and outstanding, with a par value of $0.001. There is no listed book value. Preferred Stock 1.Does the company have any authorized preferred stock? Netflix authorized preferred stock. 2.During the two most recent years, how many shares are authorized and how many shares are issued? How many are outstanding? For 2020, 10,000,000 shares were authorized with no shares issued and outstanding. For 2019, 10,000,000 shares were authorized with no shares issued and outanding.

3.What is the par value? The par value for the preferred stock is $0.001 Paid in Capital 1.What is the value of Paid in Capital for the two most recent years? There is no Paid in Capital listed in any financial statement because it is broken up in parts of Statement of Stockholders equity. Treasury Stock 1.Does the company have treasury stock? Netflix does not have treasury stock. 2.What type of stock is the treasury stock and how many shared do they own (in the most recent fiscal year)? There is no treasury stock for Netflix. Retained Earnings 1.Has retained earnings increase or decrease from the prior year to the current year? By how much (dollar and percent)? Retained earnings increase from 4,811,749 to 7,573,144 or a 63% increase 2.Describe the types of events/transactions that will result in a change to the retained earnings balance of a corporation. (this is a general question, not specific to your corporation)? Having greater net gains or net losses, as well as paying out dividends can all affect retained earnings of a business.

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Dividends 1.Did the corporation pay any dividends within the last three years? Netflix has not paid out dividends and does not expect to pay out cash dividends in the foreseeable future. 2.If yes, what was the dividend payout ratio? N.A. Notes and Disclosures 1.Are there any notes to the financial statement relevant to the Stockholders' Equity? What do they communicate (bullet point highlights)? There are no notes related to Stockholders' Equity