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Footnote Disclosures (please show your work) COMPANY: McDonalds Corporation (United States Securities and Exchange Commission) Form 10-k; Full 2020 Annual Report Look at your companys

Footnote Disclosures (please show your work)

COMPANY: McDonalds Corporation (United States Securities and Exchange Commission) Form 10-k; Full 2020 Annual Report

Look at your companys latest annual report to answer the following questions.

Did the company report any contingency?

What is the company's revenue recognition policy?

Did the company disclose any breakdown of operating and financing lease obligation disclosures?

Describe companys inventory cost flow assumptions. Report LIFO reserve adjustments if there are any.

Is the company underfunding or overfunding its pension obligations?

What is the amount of debt obligations that are maturing within the next 5 years?

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