Financial Ratios - McDonald's Corporation

McDonald's Corporation has provided the following financial data for the fiscal year ended December 31, 2023:

• Total Assets: $60,000 million
• Total Liabilities: $30,000 million
• Net Income: $8,000 million
• Total Revenue: $30,000 million
• Total Expenses: $20,000 million
• Average Shareholders' Equity: $20,000 million

Calculate the following financial ratios for McDonald's Corporation:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of McDonald's Corporation based on these ratios.