You can review the Disney SEC Form 10-K by searching for “Disney Annual Report” online. Review it and answer the following questions:

REQUIRED:
a. How large is inventory compared to the other assets on Disney’s balance sheet? Did inventory increase, decrease, or remain the same as a percent of total assets from 2014 to 2015?
b. What segments of Disney’s business model carry the majority of inventory?
c. Review the operating section of Disney’s statement of cash flows and comment on the cash fl ow implications associated with the changes in the primary working capital accounts during 2015.
d. Does Disney use the LIFO, FIFO, or average assumption?