07 Jun ASSESS OF WALT DISNEY COMPETE THE
Using The Walt Disney Company and address the following questions in the paper:
- Company’s business and industry
- Type of Industry;
- Primary products, including new products that were developed within the last two years;
c.. Position on the Fortune 500 list for the current year and prior year;
- Headquarters location;
- Functional Currency;
- Business risk, including the evaluation of:
- Operating environment
- Industry characteristics (e.g., cyclicality and capital intensity).
- Success factors and areas of vulnerability;
- Financial risk; and
- For each item, compare Walt Disney to its competitors
- Accounting issues
- Inventory method, including the accounting standards for IFRS and U.S. GAAP;
- Compare your selected company’s inventory method to its competitor’s inventory method;
- Accounting policies discussed in Walt Disney’s SEC 10-K;
- Foreign currency issues that Walt Disney is facing; and
- Compare Walt Disney’s accounting and foreign issues to its competitor
III. Assess of Walt Disney
- Compete the following ratios for Walt Disney and its competitor:
- Current ratio;
- Inventory Turnover ratio;
- Total Asset turnover;
- Financial leverage;
- Interest coverage;
- Debt to equity;
- Basic EPS, and
- Diluted EPS
- Assess the financial strength of your company;
- Summarize how Walt Disney is performing compared to its competitor
- Audit Reports
- Audit Firm that conducted the audit
- Audit opinion for the last two years
- Deficiencies – discuss deficiencies identified during the audit.
- Audit Opinion for Walt Disney’s competitor
- Conclusion
Instructions
Your deliverable should be two – four pages in length, double-spaced, with APA format for citations and references.
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