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Explain the Stockholders Equity section from McDonalds 2018 balance sheet. Shareholders' equity (deficit) Preferred stock, no par value; authorized - 165.0 million shares, issued -
Explain the Stockholders Equity section from McDonalds 2018 balance sheet.
Shareholders' equity (deficit) Preferred stock, no par value; authorized - 165.0 million shares, issued - none Common stock, $.01 par value; authorized - 3.5 billion shares; issued - 1,660.6 million shares Additional paid-in capital Retained earnings Accumulated other comprehensive income Common stock in treasury, at cost; 866.5 and 841.3 million shares Total shareholders' equity (deficit) 16.6 7,072.4 48,325.8 (2,178.4) (56,504.4) (3,268.0) 16.6 6,757.9 46,222.7 (3,092.9) (52, 108.6) (2,204.3) Shareholders' equity (deficit) Preferred stock, no par value; authorized - 165.0 million shares, issued - none Common stock, $.01 par value; authorized - 3.5 billion shares; issued - 1,660.6 million shares Additional paid-in capital Retained earnings Accumulated other comprehensive income Common stock in treasury, at cost; 866.5 and 841.3 million shares Total shareholders' equity (deficit) 16.6 7,072.4 48,325.8 (2,178.4) (56,504.4) (3,268.0) 16.6 6,757.9 46,222.7 (3,092.9) (52, 108.6) (2,204.3)Step by Step Solution
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