Question: Selected data for The Walt Disney Company appear here (in millions): Prepare a graph similar to Exhibit 3.3 that shows net income, net income plus
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Prepare a graph similar to Exhibit 3.3 that shows net income, net income plus Type 1 adjustments, cash flow from operations, and EBITDA. Comment on the relations between these series over time.
Year 4Year3 Year 2 Year Net Income .._...$2.345 1,267 $1,236S1,169 Conversion of Net Income to Cash Flow from Operations: 2,076370 ,0772,124 tions... $4.370 $2,901$2286 3,048 EBITDA $5,554 13.6% $5554 4106 3919 3759 690 (.696) Growth Rate in Revenues 6.8%
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