Refer to the annual report of Walt Disney Company (www.disney.com) and answer the following questions:
A. What is the total amount of current assets, and what types of assets are classified as current?
B. What is the total amount of long-term assets, and what types of assets are classified as long term?
C. What is the total amount of current liabilities, and what types of liabilities are classified as current?
D. What is the total amount of long-term liabilities, and what types of liabilities are classified as long term?
E. How did the company value its inventories?
F. What depreciation method did it use?
G. Did the company report any items as other assets or other liabilities? If so, what were they?
H. What is the composition of its shareholders’ equity?
I. Did the company report comprehensive income during the last period?
J. Does the company show a deficit in retained earnings?K. Did the company issue stock or purchase treasury stock during the last period?
L. Did the company declare dividends during the last period?
M. Is the company’s financial position better or worse than last period? Why or why not?
N. Is the company a good investment? Why or why not?