To prepare for Part 2 of the Course Project, locate the financial statements for Netflix, Inc., and Amazon.com, Inc., and isolate the income statements. Analyze these statements and read the footnotes to the financial statement to see what they disclose about their revenues and expenses.For Part 2, answer the following questions in a 3 page paper:Do Netflix, Inc., and Amazon.com, Inc., have any accounts in common?
Are each company’s revenues and expenses increasing or decreasing?
Do the income statements provide any evidence as to why revenues and expenses are increasing or decreasing? Provide a rationale to support your reasoning.
What revenue(s) or expense(s) are unique to each company?
Based on the presented financial ratios, do you think each company is improving or deteriorating? Provide a rationale to support your reasoning.