Need 3 answers completed which would be a total of 200 words or more and a table. This is based on a specific company and the link for report is in the document. Thanks
Disney / NYSE / DIS
SEC 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/1744489/000174448921000220/dis-20211002.htm
Respond to each question below:
Category: Liabilities (Liability table and 50 or more words for the comment)
1. What were the company’s liabilities as displayed on the balance sheet for the most recent fiscal year? Comment on the trend in total liabilities, both current and long term.
Category: Contingencies PICK One (75 words or more)
1. Identify and describe any contingencies. How are they disclosed?
2. Considering materiality as one component, what do you learn about contingencies from your review of the notes to the financial statements?
Category: Defining Contingencies PICK One (75 words or more)
1. What goals might management have regarding the disclosure of contingencies?
2. Identify and explain gain contingencies as they apply to your company.
3. Identify and explain loss contingencies as they apply to your company.
(NOTE: Take care with the concept of $ dollars. Many financial statements are expressed in millions of $. You would report $895 million for the value $895,000,000. Be a very careful reader.)
