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McDonald's Corporation reports total revenue of $300,000,000 and total expenses of $225,000,000 for the fiscal year. Compute McDonald's net income for the period. Discuss the

ยทMcDonald's Corporation reports total revenue of $300,000,000 and total expenses of $225,000,000 for the fiscal year. Compute McDonald's net income for the period. Discuss the importance of net income in evaluating a company's financial performance.

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