PART I - Statement of Cash Flows (SCF)

https://thewaltdisneycompany.com/app/uploads/2022/01/2021-Annual-Report.pdf

The above link pertains to 2021 annual report for the Walt Disney Company. Use the information contained in this document and other necessary research to complete. If you are unable to provide precise answers from the document being reviewed for any applicable questions then for each such question, make a disclosure comment on the appropriateness of the level of detail presented in the companys annual report. All figures are in millions, ensure you reflect your notation accurately.

Provide accurate referencing of all information taken from the Annual Report (page #, Note # etc.)

1. The company presented its Statement of Cash Flows using which method? Justify your answer.

2. For the year 2021, calculate the amount of cash collected by the company from customers.

3. Assess the companys overall cash flow disposition for 2019, 2020 and 2021 in terms of the positive or negative cash flow patterns for the three categories of cash flows.

4. Identify the largest dollar amount item in the Operating Activity section of the companys Statement of Cash Flows. Explain precisely what is represented by this item.

5. IFRS allows some flexibility regarding the classification of interest, dividends, and taxes. Explain fully what this flexibility entails. How have these items basically been classified in the SCF for this company?

6. Explain the 3 common financial measures (as per your text) revealed by the SCF.

7. Calculate and interpret each of the 3 measures for the company for 2021. (Use 2 decimal places)

8. How would the SCF indicate to an investor that the company is experiencing a cash-crunch?

9. Explain 3 likely causes and 1 likely consequence of a cash-crunch?