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I have several questions that I would like assistance with regarding McDonalds and 10-K information. Please quote a price. Thanks. Document Preview: McDonalds 10K Questions Duchene Burch Using the...

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I have several questions that I would like assistance with regarding McDonalds and 10-K information. Please quote a price. Thanks.
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McDonalds 10K Questions Duchene Burch Using the following website I needs some help answering the questions. http://quote.morningstar.com/stock-filing/Annual-Report/2012/12/31/t.aspx?t=XNYS:MCD&ft=10-K&d=aa98bb6ce93b56156a6ebbd4d961c9a1 Cannot plagiarize so citations are needed. Review the balance sheet and income statement of your company. Answer questions below. Stockholder’s Equity - what type of stock does your company issue (par value, no par, etc.)? Does it issue Preferred Stock? Does it hold any Treasury Stock? Dividends - does your company pay dividends? If so, please comment. Liabilities - does your company have any long-term liabilities? If so, please comment. Investments - does your company invest in other companies? If so, please comment. Regarding capital vs. operating leases and liabilities that do not appear on the balance sheet but only show up in the notes to financial statements. How much and when is the money due? Does McDonalds report any contingent liabilities in the notes to the financial statements? A contingent liability is something that may or may not occur such as a loss on a lawsuit. Search the terms “contingent liabilities” and “capital lease” in the SEC 10K Report. What inventory system does McDonalds use? You will likely find this information in the notes to the financial statements. Start with the first Financial Statement Note. You can also search for the word inventory.   Regarding accounts receivable for McDonalds.  Who owes the company money?  What is the nature of the receivable (coupon payments, vendor rebates, or customer purchases are examples of the nature of the receivable)?  Does the SEC 10-K disclose information on doubtful accounts?  The balance sheet presentation shows the accounts receivable ‘net of allowance’ and the notes to the financial statement will provide details on these values. 3. What do we learn from reviewing the Income Statement for the SEC 10-K...

Answered Same Day Dec 22, 2021

Solution

David answered on Dec 22 2021
115 Votes
McDonalds 10K Questions Duchene Burch
Using the following website I needs some help answering the questions.
http:
quote.morningstar.com/stock-filing/Annual-
Report/2012/12/31/t.aspx?t=XNYS:MCD&ft=10-K&d=aa98
6ce93b56156a6e
d4d961c9a1
Cannot plagiarize so citations are needed.
Review the balance sheet and income statement of your company. Answer questions below.
 Stockholder‟s Equity - what type of stock does your company issue (par value, no par,
etc.)? Does it issue Prefe
ed Stock? Does it hold any Treasury Stock?
Shareholders’ equity
Prefe
ed stock, no par value; authorized – 165.0 million shares; issued – none
Common stock, $.01 par value; authorized – 3.5 billion shares; issued – 1,660.6 million shares 16.6

16.6
Additional paid-in capital 5,778.9
5,487.3
Retained earnings 39,278.0
36,707.5
Accumulated other comprehensive income 796.4
449.7
Common stock in treasury, at cost; 657.9 and 639.2 million shares (30,576.3 ) (28,270.9 )
Total shareholders’ equity 15,293.6

14,390.2
Total liabilities and shareholders’ equity
 Dividends - does your company pay dividends? If so, please comment.
Yes ! the company has been paying dividends every year. The dividends per share has been as
follows:
2010 $2.26 per share
2011 $2.53 per share
2012 $2.87 per share
 Liabilities - does your company have any long-term liabilities? If so, please comment.
Yes! The company has Long term debts as follows:
2011 $12,133.8
2012 $13,632.5
 Investments - does your company invest in other companies? If so, please comment.
The company has investments in and advances to affiliates.
2011 $1,427.0
2012 $1,380.5
Regarding capital vs. operating leases and liabilities that do not appear on the balance sheet but
only show up in the notes to financial statements. How much and when is the money due?
Future minimum payments required under existing operating leases with initial terms of one year or more are:
In millions Restaurant
Other

Total
2013 $ 1,276.5
$ 75.2

$ 1,351.7
2014 1,193.6
65.4

1,259.0
2015...
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