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ATC 1-3 Research Assignment Finding real-world accounting information This chapter introduced the basic four financial statements companies use annually to keep bhe stakeholders informed of

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ATC 1-3 Research Assignment Finding real-world accounting information This chapter introduced the basic four financial statements companies use annually to keep bhe stakeholders informed of their accomplishments and financial situation. Complete the followin t recent financial statements available on the McDonald's Corporationy website. Obtain the statements on the Internet by following the steps given. (The formatting of th company's website may have changed since these instructions were written.) 1. Go to www.mcdonalds.com. 2. Click on the "Investors Relations" link at the bottom of the page. 3. Using on the "INVESTORS" link at the top of the page, click on "Financial Information." 4. Under the list of "Annual Reports" select the most recent annual report available. 5. Go to the company's financial statements that begin on page 29 of the annual report. Required a. What was the company's net income in each of the last three years? b. What amount of total assets did the company have at the end of the most recent year? c. How much retained earnings did the company have at the end of the most recent year? d. For the most recent year, what was the company's cash flow from operating activities, cash flo from investing activities, and cash flow from financing activities? ATC 1-3 Research Assignment Finding real-world accounting information This chapter introduced the basic four financial statements companies use annually to keep bhe stakeholders informed of their accomplishments and financial situation. Complete the followin t recent financial statements available on the McDonald's Corporationy website. Obtain the statements on the Internet by following the steps given. (The formatting of th company's website may have changed since these instructions were written.) 1. Go to www.mcdonalds.com. 2. Click on the "Investors Relations" link at the bottom of the page. 3. Using on the "INVESTORS" link at the top of the page, click on "Financial Information." 4. Under the list of "Annual Reports" select the most recent annual report available. 5. Go to the company's financial statements that begin on page 29 of the annual report. Required a. What was the company's net income in each of the last three years? b. What amount of total assets did the company have at the end of the most recent year? c. How much retained earnings did the company have at the end of the most recent year? d. For the most recent year, what was the company's cash flow from operating activities, cash flo from investing activities, and cash flow from financing activities

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