Question 1 The following table on the left lists the components of McDonalds Income Statement and the correct values. On the right, add these in the correct order along with the corresponding amount. For full credit, be sure to label negative values as negative.

Alphabetic		Billion $		Income Statement (Correct Order)		Amount
Cost of Revenue		$ 10
Depreciation Expense		$ 1
Gross Profit		$ 13
Interest Expense		$ 1
Net Income		$ 6
Operating Income		$ 9
Other Income Expense		$ 0
Other Operating Expense		$ 1
Pretax income		$ 8
Revenue		$ 23
SGA Expense		$ 3
Tax Provision		$ 2

Question 2 These are from McDonalds balance sheet. Thenumbers on the asset-side are approximately correct. Go online and find the corresponding number for the right-hand side (approximately). Make sure your balance sheet balances.

		Billion $				Billion $
Cash and Equivalents		$ 2.6		Accounts Payable
Receivables		$ 2.1		Long Term Debt
Other Current Assets		$ 0.7		Other Non-Current Debt
Plant and Equipment		$ 36.5
Other Non-Current Assets		$ 8.5		Owners Equity
Total Assets		$ 50.4		Total Liabilities and Equity

Question 3 Compare Total Asset Turnover for McDonalds to that of Yum Brands, owners of Kentucky Fried Chicken, Taco Bell, Pizza Hut, and The Habit Burger. Youll need to go online to get this information. Report the two numbers and then provide a brief executive summary outlining your finding and providing a recommendation for howMcDonalds corporation might improve its Total Asset Turnover. Do not quote directly from any source including ChatGPT. Rely on your own reasoning. Limit 300 words