Question
Before you begin this? assignment, it will be helpful if you review McDonald'sMcDonald's Corporation 20152015 annual report ?(https://www.sec.gov/Archives/edgar/data/63908/000006390816000103/mcd-12312015x10k.htm?). McDonald'sMcDonald's Corporation is the? world's leading global
Before you begin this? assignment, it will be helpful if you review
McDonald'sMcDonald's
Corporation
20152015
annual report
?(https://www.sec.gov/Archives/edgar/data/63908/000006390816000103/mcd-12312015x10k.htm?).
McDonald'sMcDonald's
Corporation is the? world's leading global food service retailer with more than? 36,000 locations worldwide in more than 100 countries. The corporation operates and franchises
McDonald'sMcDonald's
?restaurants, which serve menu items such as the Big? Mac, Chicken? McNuggets, and McFlurry desserts. In? addition,
McDonald'sMcDonald's
also serves McCafe beverages and pastries.Read the requirements
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.
Requirement 1. Where would
McDonald'sMcDonald's
Corporation report plant assets on its financial? statements? How are plant assets reported and what is the value as of December? 31,
20152015??
?(Enter any amounts in? millions, to the nearest tenth of a? million, X.X, as shown in the financial? statements.)
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Plant assets are reported at | cost | on the | consolidated statement of comprehensive income. |
The gross value of plant assets at December 31, 2015 is $ | (in millions). |
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