WEB MASTER page 52 Instructions

1. Go to finance.yahoo.com, and enter the ticker symbol DIS (for Walt Disney Co.) in the Look Up box. Now click on SEC Filings and look for the link to Disney's most recent annual report (its 10-K). Financial tables are available from the Summary link, and Disney's full annual report may be obtained from the EDGAR link. Locate the company's Consolidated Balance Sheets and answer these questions:

a. How much preferred stock is Disney authorized to issue? How much has been issued?

b. How much common stock is Disney authorized to issue? How many shares are currently outstanding?

c. Search for the term Financing Activities. What is the total amount of borrowing listed for Disney? How much of this is medium-term notes? d. What other types of debt does Disney have outstanding?

2. Not all stock market indexes are created equal. Different methods are used to calculate various indexes, and different indexes will yield different assessments of market performance. Using one of the following data sources, retrieve the stock price for five different firms on the first and last trading days of the previous month.

www.nasdaq.comGet a quote; then select Charts and specify one month. When the chart appears, click on a data point to display the underlying data.

www.bloomberg.comGet a quote; then plot the chart; next, use the moving line to see the closing price today and one month ago.

finance.yahoo.comGet a quote; then click on Historical Data and specify a date range.

a. Compute the monthly return on a price-weighted index of the five stocks.

b. Compute the monthly return on a value-weighted index of the five stocks.

c. Compare the two returns and explain their differences. Explain how you would interpret each measure.