You can review the Disney SEC Form 10-K by searching for Disney Annual Report online. REQUIRED: Review
Question:
You can review the Disney SEC Form 10-K by searching for “Disney Annual Report” online.
REQUIRED:
Review the Disney SEC Form 10-K, for 2015 and answer the following questions:
a. Under current accounting rules, how much has Disney invested in investment securities?
b. Has Disney exercised the fair value option for any of these investments? If so, which ones, and which levels of measurement (1, 2, or 3) did Disney rely on to estimate the market values?
c. Did Disney have any major acquisitions during 2015?
d. How much goodwill did Disney report on its 2014 and 2015 balance sheets? Explain the difference from 2014 to 2015.
e. Does Disney have any investments for which it used the equity method? Explain. On which financial statements can you find evidence of these investments?
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of... 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...
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