Respond to the following questions regarding Walt Disney Corporation using SEC-10K 2014 here: https://cdn.thewaltdisneycompany.com/sites/default/files/reports/fy14-form-10k.pdf

Category: Retained Earnings

1. Use the following equation and show how the Retained Earnings account has changed during the year in complete sentences with correct math. [Hint: the beginning balance of Retained Earnings is also equal to the ending balance of Retained Earnings in the prior year.]

Retained earnings, beginning balance

+ Net Income

– Dividends

= Retained earnings, ending balance

Category: Analysis

1. Calculate the following ratios for the most current year and comment on the results of your ratio analysis.

a. Return on stockholder’s equity

b. Earnings per share