Problem 10-36 1.

Successful efforts method:

Exploration expense Capitalized exploration cost

$18.4 million $5.6 million

2.

Full cost method:

Exploration expense Capitalized exploration cost

0 $24 million

Case 10-70 1. Disney estimated the value of its brand name to be $36.15 billion in 2009. 2. They credited the interest expense of $466 million 3. Disney generally amortizes intangible assets on a straight-line basis over periods of up to 31 years. On an annual basis, Disney reviews its intangible assets to determine if carrying values are recorded accurately. 4. Of the $1,753 million that Disney spent on investments to parks, resorts, and other property: $151 million related to Cable networks $143 million related to Broadcasting $1,039 million related to Domestic parks and resorts $143 million related to International parks and resorts $135 million related to Studio entertainment $46 million related to Consumer products $21 million related to Interactive media $75 million related to Corporate expenditures.

http://amedia.disney.go.com/investorrelations/annual_reports/WDC-10kwrap-2009.pdf