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The Walt Disney Company reported the following in its 2013 annual report (in millions). 2011 Net income Net cash provided by operating activities Purchase of
The Walt Disney Company reported the following in its 2013 annual report (in millions). 2011 Net income Net cash provided by operating activities Purchase of parks, resorts, and equipment 2013 2012 6,636 S 6,173 $ 5,258 9,542 7,966 6,994 (2,796) (3,784) (3,559) Required: 2. Based solely on the results reported above for the three years, did Walt Disney Company need external neod an pmnt during financing to purchase parks, resorts, and equipment during these years? O Yes O No
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