Netflix paid out $12 million in dividend in 2021. Its retained earnings is $34 million. What is its net income? Group of answer choices $46 million $2.83 million $408 million $22 million
Netflix paid out $12 million in dividend in 2021. Its retained earnings is $34 million. What is its net income? Group of answer choices $46 million $2.83 million $408 million $22 million
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST3: The Stock Market: Its Function, Performance, And Potential As An Investment Opportunity
Section: Chapter Questions
Problem 3CQ
Related questions
Question
Netflix paid out $12 million in dividend in 2021. Its retained earnings is $34 million. What is its net income?
Group of answer choices
$46 million
$2.83 million
$408 million
$22 million
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