calculate Operating Cash Flow, Cash Flow from Assets You will do this for 2021, 2020 and 2019 and SHOW ALL WORK.

Once you have computed these numbers please write a few sentences summarizing the cash flow performance of Disney to illustrate your understanding of these cash flow numbers. Impress me!

Compute Disney's ratios in the 4 categories (Liquidity, Asset Management, Debt Management, and Profitability) for 2021, 2020 and 2019. Don't worry about industry averages. In a paragraph or two, discuss Disney's performance according to your ratio findings during the past 3 years.

\begin{tabular}{|lcccc} \hline Basic EPS & & 1.10 & 1.58 & 6.68 \\ \hline Diluted EPS & & 1.09 & 1.58 & 6.64 \\ \hline Basic Average Shares & & 1,816,000 & 1,808,000 & 1,656,000 \\ \hline Diluted Average Shares & & 1,828,000 & 1,808,000 & 1,666,000 \\ \hline Total Expenses & 74,279,000 & 63,759,000 & 61,594,000 & 57,719,000 \\ \hline Net Income from Continuing \& Dis... & 3,142,000 & 1,995,000 & 2,864,000 & 11,054,000 \\ \hline Normalized Income & 3,921,283 & 2,472,470 & 596,810 & 7,897,758 \\ \hline Interest Income & 50,000 & 140,000 & 156,000 & 268,000 \\ \hline Interest Expense & 1,438,000 & 1,546,000 & 1,647,000 & 1,246,000 \\ \hline Net Interest Income & 1,488,000 & 1,406,000 & 1,491,000 & 978,000 \\ \hline EBIT & 6,637,000 & 4,107,000 & 96,000 & 15,190,000 \\ \hline EBITDA & 11,758,000 & & & \\ \hline Reconciled Cost of Revenue & 53,184,000 & 45,131,000 & 43,880,000 & 42,018,000 \\ \hline Reconciled Depreciation & 5,121,000 & 5,111,000 & 5,345,000 & 4,160,000 \\ \hline Total Unusual Items & 1,068,000 & 453,000 & 4,697,000 & 3,174,000 \\ \hline Normalized EBITDA & 3,191,000 & 2,024,000 & 2,832,000 & 10,383,000 \\ \hline Tax Effect of Unusual Items from Continuing Oper... & 337,717 & 4,530 & 1,268,190 & 688,758 \\ \hline \end{tabular} \begin{tabular}{|lcccc} \hline Basic EPS & & 1.10 & 1.58 & 6.68 \\ \hline Diluted EPS & & 1.09 & 1.58 & 6.64 \\ \hline Basic Average Shares & & 1,816,000 & 1,808,000 & 1,656,000 \\ \hline Diluted Average Shares & & 1,828,000 & 1,808,000 & 1,666,000 \\ \hline Total Expenses & 74,279,000 & 63,759,000 & 61,594,000 & 57,719,000 \\ \hline Net Income from Continuing \& Dis... & 3,142,000 & 1,995,000 & 2,864,000 & 11,054,000 \\ \hline Normalized Income & 3,921,283 & 2,472,470 & 596,810 & 7,897,758 \\ \hline Interest Income & 50,000 & 140,000 & 156,000 & 268,000 \\ \hline Interest Expense & 1,438,000 & 1,546,000 & 1,647,000 & 1,246,000 \\ \hline Net Interest Income & 1,488,000 & 1,406,000 & 1,491,000 & 978,000 \\ \hline EBIT & 6,637,000 & 4,107,000 & 96,000 & 15,190,000 \\ \hline EBITDA & 11,758,000 & & & \\ \hline Reconciled Cost of Revenue & 53,184,000 & 45,131,000 & 43,880,000 & 42,018,000 \\ \hline Reconciled Depreciation & 5,121,000 & 5,111,000 & 5,345,000 & 4,160,000 \\ \hline Total Unusual Items & 1,068,000 & 453,000 & 4,697,000 & 3,174,000 \\ \hline Normalized EBITDA & 3,191,000 & 2,024,000 & 2,832,000 & 10,383,000 \\ \hline Tax Effect of Unusual Items from Continuing Oper... & 337,717 & 4,530 & 1,268,190 & 688,758 \\ \hline \end{tabular}