FINANCIAL ACCOUNTING
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ISBN: 9781259964947
Author: Libby
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https://thewaltdisneycompany.com/app/uploads/2022/01/2021-Annual-Report.pdf
The above link pertains to 2021 annual report for the Walt Disney Company. Use the
information contained in this document and other necessary research to complete PART I of
this group assignment.
If you are unable to provide precise answers from the document being reviewed for any
applicable questions then for each such question, make a disclosure comment on the
appropriateness of the level of detail presented in the company’s annual report.
All figures are in millions, ensure you reflect your notation accurately.
- Identify the largest dollar amount item in the Operating Activity section of the company’s Statement of
Cash Flows. Explain precisely what is represented by this item.
2. IFRS allows some flexibility regarding the classification of interest, dividends, and taxes.Explain fully what this flexibility entails. How have these items basically been classified in the SCF for this company?
3.Calculate and interpret each of the 3 measures for the company for 2021. (Use 2 decimal places)
3. Explain the 3 common financial measures (as per your text) revealed by the SCF
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IFRS allows some flexibility regarding the classification of interest, dividends, and taxes. Explain fully what this flexibility entails. How have these items basically been classified in the SCF for this company?
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IFRS allows some flexibility regarding the classification of interest, dividends, and taxes. Explain fully what this flexibility entails. How have these items basically been classified in the SCF for this company?
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