Posted: March 7th, 2014
Locate the 2007 financial statements for The Walt Disney
Locate the 2007 financial statements for The Walt Disney Company on the Internet and consider the following questions:
1. How well did Disney do financially during the year ended September 29, 2007? 2. Comment on the level of detail in Disney’s balance sheet. Should there be more balance sheet categories or fewer?
3. In 2007, was Disney’s net cash from operations sufficient to pay for its investments in parks, resorts, and other property and in the acquisition of other businesses?
4. Look at the notes to the financial statements. You will find 14 of them. Which ones seem to give you the most new information?
5. Find the auditor’s opinion. Who is Disney’s auditor? Was the 2007 audit opinion unqualified?
1. How well did Disney do financially during the year ended September 29, 2007? 2. Comment on the level of detail in Disney’s balance sheet. Should there be more balance sheet categories or fewer?
3. In 2007, was Disney’s net cash from operations sufficient to pay for its investments in parks, resorts, and other property and in the acquisition of other businesses?
4. Look at the notes to the financial statements. You will find 14 of them. Which ones seem to give you the most new information?
5. Find the auditor’s opinion. Who is Disney’s auditor? Was the 2007 audit opinion unqualified?
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