Referring to Disney’s income statement

Referring to Disney’s income statement and balance sheet calculate 20 financial ratios for 2010 for the company Table 4-6 as a reference.Disney does not have a mission statement or vision statement.FinanceDisney’s recent income statements and balance sheets are provided in Exhibits 2 and 3 respectively. Note the 20 percent increase in net income in 2010 and the $24 billion in goodwill. For the six months ended April 2, 2011, Disney’s revenues increased 8 percent to $19.793 billion, while the com-pany’s net income increased 25 percent to $2.244 billion.EXHIBIT 2 Consolidated Income Statement (in millions, except per share data)% Change Better (Worse)2010 2009 2008 2010vs.2009 2009vs.2008Revenues $ 38,063 $ 36,149 $ 37,843 5 % (4)%Costs and expense (31,337) (30,452) (30,400) (3)% — %Restructuring and impairment charges (270) (492) (39) 45 % — %Other income (expense) 140 342 (59) (59)% — %Net interest expense (409) (466) (524) 12 % 11 %Equity in the income of investees 440 577 581 (24)% (1)%Income before income taxes 6,627 5,658 7,402 17 % (24)%Income taxes (2,314) (2,049) (2,673) (13)% 23 %Net income 4,313 3,609 4,729 20 % (24)%Less: Net income attributable to noncontrolling interest (350) (302) (302) (16)% — %Net income attributable to The Walt Disney Company (Disney) $ 3,963 $ 3,307 $ 4,427 20 % (25)%Earnings per share attributable to DisneyDiluted $ 2.03 $ 1.76 $ 2.28 15 % (23)%Basic $ 2.07 $ 1.78 $ 2.34 16 % (24)%Weighted average number of common equivalent shares outstanding:Diluted 1,948 1,875 1,948Basic 1,915 1,856 1,890Source: Walt Disney Company, Annual Report (2010).EXHIBIT 3 Consolidated Balance Sheets (in millions, except per share data)October 2, 2010 October 3, 2009ASSETSCurrent assetsCash and cash equivalents $ 2,722 $ 3,417Receivables 5,784 4,854Inventories 1,442 1,271Television costs 678 631Deferred income taxes 1,018 1,140Other current assets 581 576Total current assets 12,225 11,889Film and television costs 4,773 5,125Investments 2,513 2,554Parks resorts mid other property, at costOctober 2, 2010 October 3, 2009Attractions, buildings and equipment 32,875 32,475Accumulated depreciation (18,373) (17,395)14,502 15,080Projects in progress 2,180 1,350Land 1,124 1,16717,806 17,597Intangible assets, net 5,081 2,247Goodwill 24,100 21,683Other assets 2,708 2,022Total assets $ 69,206 $ 63,117LIABILITIESCurrent liabilitiesAccounts payable and other accrued liabilities $ 6,109 $ 5,616Current portion of borrowings 2,350 1,206Unearned royalties and other advances 2,541 2,112Total current liabilities 11,000 8,934Borrowings 10,130 11,495Deferred income taxes 2,630 1,819Other long-term liabilities 6,104 5,444Commitments and contingencies 1,823 1,692Total liabilities 31,687 29,383EQUITYPreferred stock $.01 par valueAuthorized—100 million shares, Issued—none — —Common stock $.01 par valueAuthorized—4.6 billion shares at October 2, 2010 and 3.6 billion shares at October 3, 2009Issued—2.7 billion shares at October 2, 2010 and 2.6 billion shares at October 3 2009 28,736 27,038Retained earnings 34,327 31,033Accumulated other comprehensive loss (l,881) (1,644)61,182 56,427Treasury stock, at cost, 803.1 million shares at October 2, 2010 and 781.7 million shares at October 3, 2009 (23,663) (22,693)Total Shareholders’ equity 37,519 33,734Total liabilities and equity $ 69,206 $ 63,117