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Suppose the 2025 income statement for McDonald's Corporation shows cost of goods sold $5,393.0 million and operating expense (including depreciation expense of $1,188.0 million) $11,417.0
Suppose the 2025 income statement for McDonald's Corporation shows cost of goods sold \$5,393.0 million and operating expense (including depreciation expense of $1,188.0 million) $11,417.0 million. The comparative balance sheets for the year show that inventory decreased $5.0 million, prepaid expenses increased $41.8 million, accounts payable (inventory suppliers) increased $15.8 million, and accrued expenses payable increased $199.0 million. Using the direct method, compute (a) cash payments to suppliers and (b) cash payments for operating expenses. (Enter amounts in millions rounded to 1 decimal place, e.g. 52.7.). (a) Cash payments to suppliers $ million (b) Cash payments for operating expenses $ million
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