Company: McDonald's Corporation
 Data for the year ended December 31, 2023:

Item	Amount
Revenue	$25,000,000,000
Cost of Goods Sold	$10,000,000,000
Operating Expenses	$8,000,000,000
Income Tax Expense	$3,000,000,000
Net Income	$4,000,000,000
Total Assets	$70,000,000,000
Total Liabilities	$40,000,000,000
Shareholders' Equity	$30,000,000,000

Requirements:

1. Calculate McDonald's gross profit margin.
2. Determine McDonald's operating profit margin.
3. Analyze the impact of income tax expense on McDonald's net income.
4. Evaluate how McDonald's recognizes revenue from restaurant sales.
5. Explain the significance of the Income Measurement Objective in McDonald's financial reporting.
6. Discuss McDonald's return on assets (ROA) and return on equity (ROE).
7. Perform a Cost-Benefit Analysis of McDonald's investment in digital transformation.