Using Disney Form 10K https://www.thewaltdisneycompany.com/wp-content/uploads/20
ID: 2407857 • Letter: U
Question
Using Disney Form 10K
https://www.thewaltdisneycompany.com/wp-content/uploads/2017-Annual-Report.pdf
Determine what the company's comprehensive income is for the year (and prior 2 years).
Identify what items are flowing through comprehensive income.
Is comprehensive income higher or lower than net income? Why?
Identify the company's Earnings per Share for the year (and prior 2 years).
Identify whether the company has both basic and diluted EPS.
What trends do you see in comprehensive income and earnings per share?
Has the company issued dividends, stock dividends or had a stock split in the past three years?
Based on your additional analysis of the company, how has your evaluation of the company's financial health changed since your analysis during Week 2?
Explanation / Answer
1. Comprehensive Income:
For the year 2017 : $ 9,792 millions;
2016: $8,134 millions;
2015: $8,322 millions.
2. Items which flow through Comprehensive Income:
Net Income and Other Comprehensive Income flow through Comprehensive Income. Other Comprehensive Income includes the matters dealing with Pensions, Available for sale securities, Cash flow hedges, Foreing Currency translation reserves.
3. During the current year that is, 2017 the Comprehensive Income is higher than the Net Income because the company has Other Comprehensive Income rather than loss. Therefore, Comprehensive Income is higher than Net Income.
4. Earnings Per Share:
Earnings per share generally means Basic earnings per share. EPS for the years are as follows:
2017: $ 5.73
2016: $5.76
2015: $4.95
5. Yes the company has both Basic and Diluted EPS.
Hope these answers are helpful!!
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