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table [ [ Net sales, 2 7 , 5 6 8 ] , [ Costs , 1 7 , 5 7 0 ] ,
tableNet sales,CostsDepreciationtableEarnings before interest and taxesEBITInterest expense,Pretax income,TaxesNet income,
tabletableBALANCE SHEET OF MCDONALD'S CORP. Figures in $ millionsLiabilities and Shareholders',,Assetsequity,Current assets,,,Current liabilities,,tableCash and marketablesecuritiesDebt due for repayment,,ReceivablesAccounts payable,InventoriesTotal current liabilities,Other current assets,Total current assets,Fixed assets,,,Longterm debt,tableProperty plant, andequipmentOther longterm liabilities,tableIntangible assetsgoodwillTotal liabilities,Other longterm assets,Total shareholders' equity,Total assets,tableTotal liabilities and shareholders'equity
In MeDonald's had capital expenditures of $
a Calculate McDonald's free cash flow in Enter your answer in millions.
Free cash flow
$
million
If McDonald's was financed entirely by equity, how much more tax would the company
b have paid? Assume a tax rate of on the revised pretax income.Do not round intemediate calculations. Enter your answer in milions rounded to the nearest whole number.
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