Question
The problem below is confusing me. Can someone please help me by breaking down step by step the solution for each of the questions below
The problem below is confusing me. Can someone please help me by breaking down step by step the solution for each of the questions below and how you got to that answer?
McDonald's conducts operations worldwide and is managed in three primary geographic segments: U.S.; Europe, Asia/Pacific, Middle East and Africa (APMEA). A hybrid geographic/corporate segment (Other Countries and Corporate) reports on the results of Canada and Latin America as well as any unallocated amounts. McDonald's allocates resources to, and evaluates the performance of, its segments based on operating income. The asset totals disclosed by geography are directly managed by those regions and include accounts receivable, inventory, certain fixed assets, and certain other assets. Corporate assets primarily include cash and cash equivalents, investments, deferred tax assets, and other assets. Refer to the following geographic segment data (in millions) from the 2014 annual report of McDonald's Corp:
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