TIF 9-2 Real world annual report for most recent year
Obtain McDonald's most recent annual report on Form 10K. The Form 10K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's financial statements and accompanying notes. The Form 10K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SEC's EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html. 1. Based on the information in McDonald's most recent annual report, answer the following questions: a. What depreciation methods does McDonald's use to compute depreciation expense? b. How much depreciation expense does McDonald's report on its income statement? c. What is the initlal cost of McDonald's fixed assets? d. What is the book value of McDonald's fixed assets? e. What types of intangible assets, if any, does McDonald's report on its balance sheet? 2. Does the book value of McDonald's fixed assets reflect their current market value? Explain your answer. Obtain McDonald's most recent annual report on Form 10K. The Form 10K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's financial statements and accompanying notes. The Form 10K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SEC's EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html. 1. Based on the information in McDonald's most recent annual report, answer the following questions: a. What depreciation methods does McDonald's use to compute depreciation expense? b. How much depreciation expense does McDonald's report on its income statement? c. What is the initlal cost of McDonald's fixed assets? d. What is the book value of McDonald's fixed assets? e. What types of intangible assets, if any, does McDonald's report on its balance sheet? 2. Does the book value of McDonald's fixed assets reflect their current market value? Explain your