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Liquidity Analyses for McDonald's and Wendy's The following information was summarized from the balance sheets included in Form 10-K of McDonald's Corporation at December 31
Liquidity Analyses for McDonald's and Wendy's The following information was summarized from the balance sheets included in Form 10-K of McDonald's Corporation at December 31 , 2015, and The Wendy's Company and Subsidiaries at January 3, 2016. *Described as "Cash and equivalents" by McDonald's. **Described as "Stockholders' equity" by Wendy's. Required: 1. Using the information provided, compute the following for each company at year-end: a. Working capital. Enter amounts for McDonalds in millions, Wendy's in thousands. b. Current ratio. Round your answers to two decimal places. c. Quick ratio. Round your answers to two decimal places. Required: 1. Using the information provided, compute the following for each company at year-end: a. Working capital. Enter amounts for McDonalds in millions, Wendy's in thousands. b. Current ratio. Round your answers to two decimal places. c. Quick ratio. Round your answers to two decimal places. 2. Which company appears to be more liquid
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