You can review the Disney SEC Form 10-K by searching for Disney Annual Report online. REQUIRED: Review

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You can review the Disney SEC Form 10-K by searching for “Disney Annual Report” online.


REQUIRED:
Review the 2015 SEC Form 10-K of Disney and answer the following questions:
a. Briefly describe the operations of Disney and indicate whether it is a manufacturing, retail, or service company.
b. Which accounting firm audits Disney? Briefly explain the contents of the audit report.
c. What dollar amounts for net income were reported in 2015, 2014, and 2013?
d. Compute Disney’s liabilities as a percent of total assets in 2015 and 2014. Did the percentage increase or decrease?
e. How much cash was provided by operating activities during 2015, 2014, and 2013?
f. Comment on Disney’s financial performance and condition.

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