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Cost of Goods Sold Calculation for McDonald's Corporation : a. Calculate the cost of goods sold for McDonald's Corporation in the fourth quarter of 2023,

  • ยทCost of Goods Sold Calculation for McDonald's Corporation: a. Calculate the cost
  • of goods sold for McDonald's Corporation in the fourth quarter of 2023, given the following data: Beginning Inventory - $50,000, Purchases - $200,000, Ending Inventory - $70,000. b. Determine McDonald's gross profit margin for the same period. c. Interpret the trend in cost of goods sold over the last three years and discuss potential factors influencing the trend.

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