Sunday, December 29, 2019
Disney Company The Worlds Largest Media Conglomerate
Research Project #1 The Walt Disney Company is the worldââ¬â¢s largest media conglomerate. (Hoovers, 2016). The company is widely known for its movies and theme parks, but Disney also has interest in television, publishing, and consumer products (Hoovers, 2016). This paper explores the10-K Form of The Walt Disney Company specifically relating to the Investment sections of the audited financial statements and related disclosures. Over the past two years, what is reported on the face of the Balance Sheet for investments? The Consolidated Balance Sheet, located on page 65 of the companyââ¬â¢s 10-K form provides limited information in regards to the companyââ¬â¢s investments. On the face of the balance sheet, Investments are lumped together into one line item showing that the total investments by Disney has decreased slightly to $2.64 billion form $2.69 billion at the end of 2015 and 2014 respectively. Investors must look to the notes and disclosures to find more information about the types of investments of The Walt Disney Company. What additional information does the notes to the financial statement provide about the investments reported on the Balance Sheet? Additional information about The Walt Disney Companyââ¬â¢s investments can be found throughout the disclosures and notes to the consolidated financial statements. Section 2 of the Notes to the Consolidated Financial Statements provides a definition for how Disney classified its debt investments that is consistent with ASEShow MoreRelatedDisney Company : The World s Most Prominent Conglomerate1618 Words à |à 7 Pages the Internet, music, and recreation, The Walt Disney Company is one the worldââ¬â¢s most prominent conglomerate. 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