Locate the 2004 financial statements for The Walt Disney Company on the Internet and consider the following

Question:

Locate the 2004 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 30, 2004?
2. Comment on the level of detail in Disney’s Should there be more categories or fewer?
3. In 2004, 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 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 2004 audit opinion unqualified?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...