Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Year Ending Dec. 31, 2015 EXHIBIT 1 Income Statement ($ millions) Dec. 31, 2016 Dec. 31, 2014 $24,622 $25,413 $27,441 Total Revenue Operating Income Net

image text in transcribed
image text in transcribed
image text in transcribed
Year Ending Dec. 31, 2015 EXHIBIT 1 Income Statement ($ millions) Dec. 31, 2016 Dec. 31, 2014 $24,622 $25,413 $27,441 Total Revenue Operating Income Net Income 7,744 7,145 7,949 4,686 4,529 4,758 Source: McDonald's EXHIBIT 2 Balance Sheet ($ millions) Year Ending Dec 31, 2015 $ 9,643 Dec. 31, 2016 Dec 31, 2014 Current Assets $ 4,849 $ 4,186 Total Assets 31,024 37,939 34,281 Current Liabilities 3,468 2,950 2,748 Total Liabilities 33,228 30,851 21,428 Stockholder Equity (2,204) 7,088 12,853 Source: McDonalds MCDONALD'S IN 2 2016 2015 2014 U.S. $8,253 $8,559 $8,651 International Lead Markets 7,223 7,615 8,544 High Growth Markets 6,161 6,173 6,845 Foundational Markets & Corporate 2,985 3,066 3,401 Source: McDonald's. A. Calculate the following ratios for McDonalds (Case 3) and submit in a table in an EXCEL spreadsheet. The ratios to be calculated include: Return on Assets (ROA); Return on Equity (ROE); and Profit Margin. Each of the ratios should be calculated for the years 2014-2016. B. Graph each of the ratios for the years 2014-2016. No hand-written graphs or tables will be accepted for grading

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Surviving A HIPAA Audit Learning The Art Of Compliance

Authors: Dave Sweigert

1st Edition

1507617453, 978-1507617458

More Books

Students also viewed these Accounting questions

Question

4. Organize and format a proposal document

Answered: 1 week ago

Question

10-9 How have social technologies changed e-commerce?

Answered: 1 week ago