Question

In: Accounting

The Walt Disney Company is listed as Ticker Symbol “DIS” on the New York Stock Exchange....

The Walt Disney Company is listed as Ticker Symbol “DIS” on the New York Stock Exchange. The Industry is listed under Consumer Services. Summarize in no more than 350 words the most frequently found long-term assets and long-term liabilities, as well as any unique assets or liabilities that were not common among the companies.

Solutions

Expert Solution

The most frequently found long term assets and long term liabilities in case of companies in the consumer services industry (like Walt Disney) are different from companies in other industries like the capital goods industry.

In terms of assets companies in the consumer services industry will have long term assets like land and buildings. These companies do not have much different types of capital assets but have more of current assets and intangible assets (like goodwill).

In terms of liabilities companies in the consumer services industry will have long term liabilities like long term borrowings, long term debt, deferred income taxes and other long term liabilities.

Unique assets in cases of companies like Disney are assets like “attractions” (this is a fixed asset and is clubbed under parks, resorts, and other property), projects in progress, and films and television costs.

Unique liabilities in cases of companies like Disney are liabilities like contingencies and commitments that may arise due to contractual commitments with regards to its broadcasting rights for sports, feature films, and other programming.


Related Solutions

The Walt Disney Company is listed as Ticker Symbol “DIS” on the New York Stock Exchange....
The Walt Disney Company is listed as Ticker Symbol “DIS” on the New York Stock Exchange. The Industry is listed under Consumer Services. Determine what the company's policy is related to long-lived assets, goodwill, and other intangible assets. Identify what the company says about its annual goodwill impairment testing. Identify whether the company has any deferred tax assets and liabilities, and summarize what the company says about these items in the 10-K. Identify the disclosures related to long-term debt, leases,...
The following information for Walt Disney Company (DIS) is available: Yield on DIS 10-yr bond 4.5%...
The following information for Walt Disney Company (DIS) is available: Yield on DIS 10-yr bond 4.5% Market model equation (based on previous 10 yrs) r(DIS) = 0.27 + 1.17 r(S&P) Return of DIS last year 2.2% Current DIS stock price 131.99 Correlation coefficient (vs. S&P500) 0.71 The following market information is available: Security Yield Other info 6-month T-bill 0.12% Historic market return over the risk-free rate 5.8% 1-yr T-bill 0.13% Current S&P500 level 3426.96 5-yr T-note 0.30% 10-yr T-bond 0.72%...
Select a company that is listed on the NASDAQ or New York Stock Exchange. Research the...
Select a company that is listed on the NASDAQ or New York Stock Exchange. Research the extent to which the company has an entrepreneurial culture. Does the company use product champions? Does it have a corporate venture capital fund? Do you believe its entrepreneurial efforts are sufficient to generate sustainable advantages.
Company's name The Walt Disney Company (DIS) Revenues or Sales (TTM) 69,762,000 Net Income (TTM) 6,542,000...
Company's name The Walt Disney Company (DIS) Revenues or Sales (TTM) 69,762,000 Net Income (TTM) 6,542,000 Total assets (6/30/2020) 207,649,000 Total Common Stock (6/30/2020) 85,866,000 Using the information collected, determine your company's profit margin (PM). Using the information collected, determine your company's total asset turnover (TA). Using the information collect, determine your company's equity multiplier (EM). Using the DuPont Equation, determine your company's return on equity (ROE). Assume that the EM for your company doubles. Discuss the impact it would...
Suppose that The Walt Disney Company decides to locate a new resort, LoneStar Disney, between Houston...
Suppose that The Walt Disney Company decides to locate a new resort, LoneStar Disney, between Houston and Dallas. Disney’s crack economists have estimated that each person will take an average of q = 50 – 25P rides, where P is the price per ride. Assume that the marginal cost of each ride is zero. a. If Disney decides to set its admission price at zero and simply charge monopoly price per ride, what is this price? How many rides per...
what is the history of "The Walt Disney Company."
what is the history of "The Walt Disney Company."
Interpreting stock quotes Assume that the following quote for the Walt Disney Company, a NYSE stock,...
Interpreting stock quotes Assume that the following quote for the Walt Disney Company, a NYSE stock, appeared on May 1, 2015 (Friday) on Yahoo! Finance ( http://finance.yahoo.com/q?s=DIS&ql=1): The Walt Disney Company (DIS) - NYSE 110.52 ↑ 1.80(1.66%) 4:01PM EDT Prev Close: 108.72 Day's Range: 109.27 - 110.67 Open: 109.79 52wk Range: 78.54 - 111.66 Bid: 110.81 x 400 Volume: 6,205,116 Ask: 110.95 x 500 Avg Vol (3m): 6,394,880 1y Target Est: 110.23 Market Cap: 187.84B Beta: 1.1 P/E (ttm) 24.57...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the same business risk. The expected return on the S&P 500 Index is 10% and the risk-free rate is 6%. These two firms are identical in all aspects except for their capital structure. Queen is an all-equity firm. King has both perpetual debts and common stocks. It has a debt to equity ratio of 1:4 and an equity beta which is equal to 1.25. Assume...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the same business risk. The expected return on the S&P 500 Index is 10% and the risk-free rate is 6%. These two firms are identical in all aspects except for their capital structure. Queen is an all-equity firm. King has both perpetual debts and common stocks. It has a debt to equity ratio of 1:4 and an equity beta which is equal to 1.25. Assume...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the...
King Ltd and Queen Ltd are both listed on the New York Stock Exchange having the same business risk. The expected return on the S&P 500 Index is 10% and the risk-free rate is 6%. These two firms are identical in all aspects except for their capital structure. Queen is an all-equity firm. King has both perpetual debts and common stocks. It has a debt to equity ratio of 1:4 and an equity beta which is equal to 1.25. Assume...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT