Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how much has each of these numbers changed during

How much has each of these numbers changed during these 2 years? 1. Is this...

50.1K

Verified Solution

Question

Accounting

image

How much has each of these numbers changed during these 2 years?

1. Is this good or bad?

2. Can you identify the reason for these changes?

Table 1-Total Assets (in millions) 2020 201549 2019 193984 2018 98598 From Table 1, Disney increase total assets from 98598 million in 2018 to 201545 million in 2020. This could be due to Disney acquire more products. Table 2-Current Assets (in millions) 2020 35,251 2019 28124 2018 16825 Disney current assets match with total assets table which is increasing from 2018 to 2020. Table 3-Current Liabilities (in millions) 2020 2019 2018 26628 31341 17860 From 2018 to 2019, Disney increase in liabilities this could be the company is growing. From 2019 to 2020, Its liabilities decrease due to the company is making profits. Table 4-Total Liabilities (in millions) 2020 2019 2018 113,286 100,095 45,766 Total liabilities are increase from 2018 to 2020 could be that the company is expanding and taking on more risks. Table 5- Total Stockholder's Equity (in millions) 2020 83,583 2019 88,877 2018 48,773 Stockholder share increase from 2018 to 2019 due to Disney is expanding. From 2019 to 2020 stockholder's equity decrease due to Covid 19

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students