please use calculation sheet

IMPORTANT: Follow instructions carefully. In order to receive full credit, use the formulas from the book. Do not use formulas from other sources as the calculations may differ. REQUIRED: Using the consolidated financial statements of Walt Disney 10K Report provide the answer to the questions listed below. Must provide the details of the calculations. 1a. Calculate Gross Profit for years 2021 and 2020. 1b. Calculate the percent change of gross profit for year 2021. 2a. Calculate Operating Profit (EBIT) for years 2021 and 2020. 2b. Calculate the percent change of operating profit for year 2021. 3. What percent of total assets went for Goodwill? . 4. What percent of total current liabilities went for accounts payable and other accrued liabilities? Please contact me with any questions. . . CALCULATION . Gross Profit . . . . . Operating Profit (EBIT) =All sales or Revenues-All Costs Example of costs are: Cost of Goods Sold, Cost of Services, Cost of Products, Costs of distribution, etc. Do not confuse costs with expenses. = Gross profit - Operating Expenses including depreciation and amortization expenses. An operating expense is an expense a business incurs through its normal business operations. Percent change . Percent of . = (Current Year - Prior Year) / Prior Year . What percent of a figure is of another? For example, if total expenses are $24,574 and depreciation expense is $1,442. What percent of the total expenses went for depreciation expense? 1,442/24,574= 6% 7. Management's Discussion and Analysis of Financial Condition and Results of Operations CONSOLIDATED RESULTS (in millions, except per share data) Revenues: Services Products Total revenues Costs and expenses. Cost of services (exclusive of depreciation and amortization) Cost of products (exclusive of depreciation and amortization) Selling, general, administrative and other Depreciation and amortization Total costs and expenses Restructuring and impairment charges Other income, net Interest expense, net Equity in the income of investees, net Income (loss) from continuing operations before income taxes Income taxes from continuing operations Net income (loss) from continuing operations Loss from discontinued operations, net of income tax benefit of $9 and $10, respectively Net income (loss) Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests Net income (loss) attributable to Disney Earnings (loss) per share attributable to Disney: Diluted Continuing operations Discontinued operations Basic Continuing operations Discontinued operations S Total may not equal the sum of the column due to rounding. $ S S $ $ Weighted average number of common and common equivalent shares outstanding: Diluted Basic 2021 61,768 5,650 67,418 (41,129) (4,002) (13,517) (5,111) (63,759) (654) 201 (1,406) 761 2,561 (25) 2,536 (29) 2,507 (512) 1,995 1.11 (0.02) 1.09 1.11 (0.02) 1.10 1,828 1,816 S $ $ S $ 2020 59,265 6,123 65,388 (39,406) (4,474) (12,369) (5.345) (61.594) (5,735) 1,038 (1,491) 651 (1,743) (699) (2,442) (32) (2.474) (390) (2.864) (1.57) (0.02) (1.58) (1.57) (0.02) (1.58) 1,808 1,808