E1-24 Financial statement items Though the McDonald's menu of hamburgers, cheeseburgers, the Big Mac, Quarter Pounder, Filet-O-Fish, and Chicken McNuggets is easily recognized, McDonald's financial statements may not be as familiar. The following items were adapted from a recent annual report of McDonald's Corporation: 1. Accounts payable 2. Accrued interest payable 3. Capital stock outstanding 4. Cash 5. Cash provided by operations 6. Food and packaging costs used in operations 7. Income tax expense 8. Interest expense 9. Inventories 10. Long-term debt payable 11. Net income 12. Net increase in cash 13. Notes payable 14. Notes receivable 15. Occupancy and rent expense 16. Payroll expense 17. Prepaid expenses not yet used in operations 18. Property and equipment 19. Retained earnings 20. Sales E1-24 Financial statement items Though the McDonald's menu of hamburgers, cheeseburgers, the Big Mac, Quarter Pounder, Filet-O-Fish, and Chicken McNuggets is easily recognized, McDonald's financial statements may not be as familiar. The following items were adapted from a recent annual report of McDonald's Corporation: 1. Accounts payable 2. Accrued interest payable 3. Capital stock outstanding 4. Cash 5. Cash provided by operations 6. Food and packaging costs used in operations 7. Income tax expense 8. Interest expense 9. Inventories 10. Long-term debt payable 11. Net income 12. Net increase in cash 13. Notes payable 14. Notes receivable 15. Occupancy and rent expense 16. Payroll expense 17. Prepaid expenses not yet used in operations 18. Property and equipment 19. Retained earnings 20. Sales