Intro to Psy-108 Project 1
Cash Flow Management and Financial Statements The Walt Disney Company is a
business that specializes in entertainment and has its headquarters in Burbank,
California. According to CNN (n.d.), the Walt Disney Company consists of "media
networks (television and radio), parks, experiences and products, studio entertainment,
and direct-to-consumer and international (DTCI)" On July 17, 1955, their initial theme
park, Disneyland, opened in Anaheim, California (Author unknown, n.d.). The Walt
Disney World Resort opened in Orlando, Florida, on October 1, 1971. Chicago, Hong
Kong, Tokyo, and Paris have all added parks since then (unknown author, n.d.). The
Disney Cruise Line is owned and operated by The Walt Disney Company in addition to
theme parks. They own the ABC Organization, Radio Disney, ESPN, and Public
Geographic. They have acquired Pixar, Marvel Entertainment, Lucasfilm Ltd., 21st
Century Fox, which includes the film studio 20th Century Fox, and Broadway's New
Amsterdam Theater over the years. In addition to the cable network Disney Channel,
the subscription service Disney+ was launched in November 2019 (Author unknown,
n.d.). Shareholders use financial statements to make decisions about the company's
current and future operations. Fiscal reports show how an organization is doing
