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Suppose the 2 0 2 5 income statement for McDonald's Corporation shows cost of goods sold $ 5 , 3 9 3 . 0 million
Suppose the income statement for McDonald's Corporation shows cost of goods sold $ million and operating expenses
including depreciation expense of $ million $ million. The comparative balance sheets for the year show that
inventory decreased $ million, prepaid expenses increased $ million, accounts payable inventory suppliers increased $
million, and accrued expenses payable increased $ million.
Using the direct method, compute a cash payments to suppliers and b cash payments for operating expenses. Enter amounts in
millions rounded to decimal place, eg
a Cash payments to suppliers
million
b Cash payments for operating expenses
million
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