The company chosen for the assignment is the “Walt Disney Company.” For the Walt Disney Company, the fiscal year ended October 2, 2010. A strength listed on the balance sheet is the difference of film and television costs for the years 2009 and 2010. In 2009 these costs were $5,125,000,000, but in 2010 the costs dropped to $4,773,000,000. This is a decrease in the costs for film and television costs. On the consolidated statements of cash flows the cash provided by operations decreased from 2008 to 2009 and then increased from 2009 to 2010. A weakness for the Walt Disney Company is that for the years of 2009 and 2010 the shares have decreased drastically from one year to the next. Treasury stock has also decreased. A trend in net income to the Walt Disney Company is from 2008 to 2009 there is a decrease and from 2009 to 2010 there is an increase. It seems that in comparison from 2008-2010 that 2008 had the most net income for the Walt Disney Company. 2009 was the lowest year and 2010 was in the middle. In 2009, the FASB issued guidance to revise the approach to determine when a variable interest entity should be consolidated. The guidance is effective for the company’s 2011 fiscal year and the Walt Disney Company is assessing the potential effect the guidance will have on its financial statements. In 2008 the Walt Disney Company had $91 million bad debt for Lehman Brothers receivable.