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The following table shows an abbreviated income statement and balance sheet for McDonald's Corporation for 2 0 1 2 . In 2 0 1 2
The following table shows an abbreviated income statement and balance sheet for
McDonald's Corporation for In McDonald'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
intermediate calculations. Enter your answer in millions rounded to the nearest
whole number.
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