Walt Disney Company
 Data for the year ended December 31, 2023:

Item	Amount
Total Assets	$1,200,000,000
Total Liabilities	$600,000,000
Shareholders' Equity	$600,000,000
Revenue	$700,000,000
Operating Expenses	$400,000,000

Requirements:

1. Calculate Disney's debt-to-equity ratio.
2. Determine Disney's net profit margin.
3. Analyze the impact of total assets on Disney's financial leverage.
4. Discuss how Disney recognizes revenue from theme park operations.
5. Evaluate Disney's financial health using the interest coverage ratio.
6. Explain the role of the Income Measurement Objective in Disney’s financial performance and investor communication.