Before you begin this assignment, review the Tying It All Together feature in the chapter. It will also be helpful if you review McDonald’s Corporation 2018 annual report (https://www.sec.gov/ix?doc=/Archives/edgar/data/63908/000006390819000010/mcd-
12312018x10k.htm).
McDonald’s Corporation is the world’s leading global food service retailer with more than 37,000 locations worldwide in more than 120 countries. The corporation operates and franchises McDonald’s restaurants, which serve menu items such as the Big Mac, Chicken McNuggets, and McFlurry desserts. In addition, McDonald’s also serves McCafé beverages and pastries.
Requirements 

1. Where would McDonald’s Corporation report plant assets on its financial statements? How are plant assets reported and what is the value as of December 31, 2018?
2. Does McDonald’s Corporation depreciate its plant assets? How do you know? What is the depreciation method used and the useful lives?
3. How is the book value of plant assets calculated? What is the net book value of McDonald’s plant assets as of December 31, 2018?
4. What type of intangibles would be included on McDonald’s financial statements and where?
5. What is goodwill? Does McDonald’s Corporation report goodwill? If so, how much goodwill is reported as of December 31, 2018? What does McDonald’s goodwill primarily result from?