The 2011 financial statements for The Walt Disney Company can be found on the Internet. Locate those

Question:

The 2011 for The Walt Disney Company can be found on the Internet. Locate those and consider the following questions.
1. What inventory valuation method does Disney use?
2. How did the change in the level of inventory from October 2010 to October 2011 impact the statement of cash flows?
3. It isn't possible to compute the number of days' sales in inventory for Disney. Why not? Comment on the appropriateness of the level of detail presented in Disney's income statement.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...