Posts Tagged: theme parks

Not a Very Magical Kingdom

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the Washington Post, COVID-19 continued to hammer Disney in the final months of 2020, with the company’s revenue dropping 22 percent over the holiday period and a much smaller profit than usual. Questions Was the revenue better or worse for October to December 2021 than analysts predicted and by how much? What was Disney’s… Read more »

Amusement and Theme Park Woes

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

During 2020, amusement and theme parks have reduced operating days, slashed ticket prices, and closed early for the year because of lower-than-hoped attendance. Questions: In what state have theme and amusement parks been closed since mid-March? What was one of the most surprising issues in the article? Which park has ” social distance squads”? Source:… Read more »