Ethics and Ratio Analysis Paper

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Running head: ETHICS AND RATIO ANALYSIS PAPER

Ethics and Ratio Analysis Paper

Ethics and Ratio Analysis Paper
This will be an Ethics and Compliance paper on the organization Disney. We will obtain and include a copy of our selected organization’s annual report and SEC filings for the past two years. The objective of this paper will be to analyze the data in our selected organization’s annual reports and SEC filings. Our analysis will address the following: Assess the role of ethics and compliance in your selected organization’s financial environment. This paper will describe the procedures that Disney has put in place to ensure ethical behavior. This paper will identify the process Disney uses to comply with SEC regulations. We will evaluate Disney’s financial performance over the past two years using financial ratios and calculate the following ratios for each year: Current, Debt, ROE (return on equity) and Days receivable. Finally we will discuss the trend for each ratio and what it tells you about the organization’s financial health. According to the role of ethics and compliance of Disney’s financial environment “The Walt Disney Company is committed to conducting business in accordance with the highest standards of business ethics and complying with applicable laws, rules and regulations. In furtherance of this commitment, the Board of Directors (the "Board") promotes ethical behavior, and has adopted this Code of Business Conduct and Ethics for Directors ("Code"). Every Director must: (1) represent the interests of the shareholders of The Walt Disney Company; (2) exhibit high standards of integrity, commitment and independence of thought and judgment; (3) dedicate sufficient time, energy and attention to ensure the diligent performance of his or her duties; and (4) comply with every provision of this Code.” (The Walt Disney Company [Disney.com], n.d., p. 1) These are Disney’s procedures that have...
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