McDonald's Corp.

What type of instruments does the company consider to be cash equivalent? Calculate the cash ratio. How does this ratio compare with the industry?

What is the balance of accounts receivables for the company?

Compute the acid-test ratio. If the current liabilities came due immediately, could the company pay them?

Compute the accounts receivable turnover at year end. Compute days sales in receivables at year end. Based on the acid-test ratio, accounts receivable turnover, and days sales in receivables, how does the company compare to the industry?

https://finance.yahoo.com/quote/MCD/financials?p=MCD

http://corporate.mcdonalds.com/content/dam/AboutMcDonalds/Investors/2016%20Annual%20Report.pdf