Real-Life Financial Data
From the textbook, financial statement is a formal record of the financial
activities and position of a business, person, or other entity, it takes an important role
in the business. Financial statement only shows past activities, however, people can
estimate future business operation through the data. Here is the analysis of both Walt
Disney Company and Woodruff Arts Center.
1. Walt Disney Company
Walt Disney Company is an American diversified multinational mass media
and entertainment public company, which is founded in October 16, 1923. (Walt
Disney official website) In the report, the company listed six executive officers that
are responsible for all shareholders. What’s more, as a for-profit organization, Disney
sells stocks and collects funds, owner’s liability limited to his or her investment, so it
is a C Corporation.
The report lists the data of FY 2013-FY 2015; it’s convenient for stakeholders
to analysis the situation of company and to estimate the business trend. From the last
page, “In connection with the Annual Report of The Walt Disney Company on Form
10-K for the fiscal year ended October 3, 2015 as filed with the Securities and
Exchange Commission (SEC) on the data” (FY2015_Q4), so the document is
prepared by Disney company, especially managers of various sections, Senior
Executive Vice President and Chief Financial Officer. The document is attested by
SEC to make sure the accuracy of data.
As a shareholder, the only thing people care about is how much money they can
get after investing this company. From the data report, the sales prices of common
stock are increasing. Even though the low prices are fluctuating, the overall trend is
stable increasing. Another information is dividend. On October 3, 2014, the company
declared a $1.15 per share dividend related to fiscal 2014 for shareholders of record
on December 15, 2014. However, on June 24, 2015 the company declared $0.66 per
share dividend...