The Walt Disney Company owns theme parks, movie studios, television and radio stations, newspapers, and television networks, including ABC and ESPN Its balance sheet recently reported goodwill in the amount of $22 billion, which is more than 35 percent of the companys total assets This percentage i...

Disney reports a large amount of good ...

The Walt Disney Company owns theme parks, movie studios, television and radio stations, newspapers, and television networks,

Question:

The Walt Disney Company owns theme parks, movie studios, television and radio stations, newspapers, and television networks, including ABC and ESPN. Its recently reported in the amount of $22 billion, which is more than 35 percent of the company’s total assets. This percentage is very large compared to that of most companies. Explain why you think Disney has such a large amount of reported on its Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...