Profit - Netflix

Profit follows Jim Profit who works for a multinational company, and isn't above using any means necessary to get ahead, and that includes bribery, blackmail, intimidation, extortion, and even murder. Aired in 1996, and despite raving reviews, the show was deemed too provocative for network television and canceled after only 5 episodes. 4 more episodes had been shot and were released only a year and a half later.

Profit - Netflix

Type: Scripted

Languages: English

Status: Ended

Runtime: 60 minutes

Premier: 1996-04-08

Profit - Income statement - Netflix

An income statement or profit and loss account (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, operating statement, or statement of operations) is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues (money received from the sale of products and services before expenses are taken out, also known as the “top line”) are transformed into the net income (the result after all revenues and expenses have been accounted for, also known as “net profit” or the “bottom line”). The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported. One important thing to remember about an income statement is that it represents a period of time (as does the cash flow statement). This contrasts with the balance sheet, which represents a single moment in time. Charitable organizations that are required to publish financial statements do not produce an income statement. Instead, they produce a similar statement that reflects funding sources compared against program expenses, administrative costs, and other operating commitments. This statement is commonly referred to as the statement of activities. Revenues and expenses are further categorized in the statement of activities by the donor restrictions on the funds received and expended. The income statement can be prepared in one of two methods. The Single Step income statement takes the simpler approach, totaling revenues and subtracting expenses to find the bottom line. The more complex Multi-Step income statement (as the name implies) takes several steps to find the bottom line, starting with the gross profit. It then calculates operating expenses and, when deducted from the gross profit, yields income from operations. Adding to income from operations is the difference of other revenues and other expenses. When combined with income from operations, this yields income before taxes. The final step is to deduct taxes, which finally produces the net income for the period measured.

Profit - Sample income statement - Netflix

Income tax expense                        (1,656.8)      (1,132.0)       (235.7)                                         -------------   ------------  ------------  Profit (or loss) for the year           $  2,485.2     $  1,697.9     $   353.6  

Year Ended December 31,                                     2009         2008         2007

Revenue                                                  $36,525.9   $29,827.6   $21,186.8  Cost of sales                                            (18,545.8)   (15,858.8)   (11,745.5)                                                         -----------  -----------  ------------  Gross profit                                              17,980.1     13,968.8      9,441.3                                                           -----------  -----------  ------------

Profit (or loss) from discontinued operations,   net of tax                                              (1,090.3)      (802.4)       164.6                                                         -----------  -----------  ------------  Profit (or loss) for the year                          $ (2,870.2)  $  4,461.4   $  2,486.4


Profit - References - Netflix