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Your responsibility will be to do three ratios from the Activity Ratios. The three being: Inventory Turnover, Accounts Receivable Turnover, and Total Asset Turnover. Either by downloading the financial report from the Walt Disney website, or on the Nasdaq website, locate the variables: Cost of Goods Sold, Inventory, Sales, Account Receivable, and Total Assets. The dates will be Sept. 27, 2014, Sept. 28, 2013, and Sept. 29, 2012. Once the variables are found, complete the three ratios for the three years, and compare the changes. Explain what the results mean for the company, and what might have caused changes, if any, within the three years.

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