Question :
Show the 2009 financial statements for The Walt Disney Company on the internet. Use the information contained in these statement to answer the subsequent questions.
1. Review the Walt Disney Company's note disclosure to evaluate how the company recognizes revenue from its various sources.
2. Based on what you know about Disney, evaluate what you think is the length of its average collection period. Once you have that evaluate, use the company's financial statements to evaluate the number. How does your evaluate compare with the actual number?
3. Review the information relating to Disney's segment data. Which segment produces the most revenue for the company? Which segment produces the most operating income?
4. Using information from the various financial statements, determine the amount of cash collected from customers for the 2009 fiscal year
5. How does Disney describe cash and cash equivalents?