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Problem G The Walt Disney Company operates several ranges of products from theme parks and resorts to broadcasting and other creative content. The following balance

Problem G The Walt Disney Company operates several ranges of products from theme parks and resorts to broadcasting and other creative content. The following balance sheet and supplementary data are for The Walt Disney Company.

The Walt Disney Company

Consolidated Balance Sheet (in millions)

For Year Ended September 30

Assets

Cash and cash equivalents

$ 842

Receivables

3,599

Inventories

702

Film and television costs

1,162

Other

1,258

Total current assets

$ 7,563

Film and television costs, prepaid long term

5,339

Investments

2,270

Attractions, buildings, and equipment

$16,160

Accumulated depreciation

-6,742

9,418

Project in process

1,995

Land

597

Intangibles assets, net

16,117

Other assets

1,428

Total Long Term Assets

37,164

Total Assets

$ 44,727

Liabilities and stockholders' equity

Accounts payable and accrued liabilities

$ 5,161

Current portion of borrowing

2,502

Unearned royalties

739

Total current liabilities

$ 8,402

Borrowings

6,959

Deferred income taxes

2,833

Other long-term liabilities

2,377

Minority interest

56

Total long term liabilities

12,225

Common shareholders' equity

Common shares ($.01 par value, 1,210,000 avg shares outstanding)

12,100

Retained earnings

12,767

Cumulative translation and other adjustments

(27)

Treasury shares

(740)

Total equity

24,100

Total liabilities and stockholders' equity

$ 44,727

Net income, $920.

Income before interest and taxes, $3,231.

Cost of goods sold, $21,321.

Net sales, $25,402.

Calculate the following ratios and show your computations. For calculations normally involving averages, such as average stockholders' equity, average accounts receivable, and average inventory, use year-end amounts. Disney does not have preferred shareholders or preferred dividends.

Current ratio.

Accounts Receivable

Days Sales Uncollected

Inventory Turnover

Days Sales in Inventory

Debt Ratio

Profit Margin Ratio

Gross Margin Ratio

Return on common stockholders equity

Basic Earnings per share

Analyze each of these ratios.

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