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Suppose a recent income statement for McDonald's corporation shows cost of goods sold $4,8527 million and operating expenses (including depreciation expense of $1,201 million) $10,671

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Suppose a recent income statement for McDonald's corporation shows cost of goods sold $4,8527 million and operating expenses (including depreciation expense of $1,201 million) $10,671 million. the comparative balance sheet for the year shows that increased $18.1 million prepaid expenses increased $56,3 million account payable and accrued expenses payable increased $160.9 million

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