Analyze/ Asses/ Discuss your Findings with Below information:

Module # 10- McDonalds Balance Sheet 2018- 2019

A.

McDonald's Balance Sheet 2018 & 2019 (In Millions)
Assets	Dec. 31, 2019	Dec. 31 2018
Current Assets
Cash and Equivalents	898.5	866
Accounts & Notes Receivable	2,224.20	2,441.50
Inventories, at cost, not more than Market	50.2	51.1
Prepaid Expenses & Other Current Assets	385	694.6
Total Current Assets	3,557.90	4,053.20
Other Assets
Investments & Advances to Affiliates	1,207.30	1,202.80
Goodwill	2,677.40	2,331.50
Miscellaneous	2,584.00	2,381.00
Total Other Assets	6,531.70	5,915.30
Lease Right of Use Asset, Net Property & Equipment	13,261.20	-
Property & Equipment at Cost	39,050.90	37,193.60
Accumulated Depreciation & Amortization	-14,890.90	-14,350.90
Net Property Equipment	24,160.00	22,842.70
Total Assets	47,510.80	32,811.20
Liabilities & Shareholders' Equity
Current Liabilities
Accounts Payable	988.2	1,207.90
Lease Liability	621	-
Income Taxes	331.7	228.3
Other Taxes	247.5	253.7
Accurred Interest	337.8	297
Accurred Payroll & Other Liabilities	1,035.70	986.6
Current Maturities of Long-Term Debt	59.1	-
Total Current Liabilities	3,621.00	2,973.50
Long-Term Debt	34,118.10	31,075.30
Long-Term Lease Liability	12,757.80	-
Income Taxes	2,265.90	2,081.20
Deferred Revenues- Initial Franchise Fees	660.6	627.8
Other Long-Term Liabilities	979.6	1,096.30
Deferred Income Taxes	1,318.10	1,215.50
Preferred Stock, No Par value; Authorized	165 Million Shares	Issued None
Common Stock, $.01 par value; Authorized	3.5 Billion Shares	1,660.6 Million Shares
Additional Paid-In Capital	7,653.90	7,376.00
Retained Earnings	52,930.50	50,487.00
Accumulated Other Comprehensive Income (Loss)	-2,482.70	-2,609.50
Common Stock in Treasury, At Cost.	-66,328.60	-61,528.50
Total Shareholders' Equity (Deficit)	-8,210.30	-6,258.40
Total Liabilities & Shareholders' Equity (Deficit)	-47,510.80	-32,811.20

B. List the number of shares of outstanding stock, both common and preferred for 2 years, shown the the report.

1. Preferred 165 million shares issued. There were no shares issued.

2018------

2019------

2. Common- 3.5 Billion Shares- Issued 1,660.0 Million Shares

2018- 16.6

2019- 16.6

C. Stock Market Prices quoted in the Annual Report:

2018- $213

2019- $242