Make a list of the sources of revenue that Walt Disney discloses in its 10k, based on the excerpt from its 2014 10k. Which of the listed revenue sources would you expect that Walt Disney could recognize immediately upon sale of product or service? When does cash change hands with accrued revenue? Which of the listed revenue sources would you expect that Walt Disney would need to accrue for? When does cash change hands with unearned revenue? Which of the listed revenues sources would you expect that Walt Disney would initially account for as “unearned revenue”?
