The Financial Report Of McDonald Assign

Topics: Balance sheet, Generally Accepted Accounting Principles, Asset Pages: 9 (542 words) Published: November 20, 2014


The Financial Report of McDonald’s
Sheree Steele
Strayer University
FIN100
Professor Hugh Connelly
November 4, 2014

McDonald’s financial strategies has varied in the past three years with it profit margins, debt to assets ratio, price-earnings ratio, inventory turnover, current ratio and its times interest earned. This paper will cover the all the financial statements based on this company profit growth, and how they plan to do better in the next five years or so.

The Income Statement
Top of Form

Period Ending:
Trend
12/31/2013
12/31/2012
12/31/2011
12/31/2010
Total Revenue

$28,105,700
$27,567,000
$27,006,000
$24,074,600
Cost of Revenue

$17,203,000
$16,750,700
$16,319,400
$14,437,300
Gross Profit

$10,902,700
$10,816,300
$10,686,600
$9,637,300
Operating Expenses
Research and Development

$0
$0
$0
$0
Sales, General and Admin.

$2,138,400
$2,211,700
$2,156,900
$2,135,100
Non-Recurring Items

$0
$0
$0
$29,100
Other Operating Items

$0
$0
$0
$0
Operating Income

$8,764,300
$8,604,600
$8,529,700
$7,473,100
Add'l income/expense items

($37,900)
($9,000)
($24,700)
($21,900)
Earnings Before Interest and Tax

$8,204,500
$8,079,000
$8,012,200
$7,451,200
Interest Expense

$0
$0
$0
$450,900
Earnings Before Tax

$8,204,500
$8,079,000
$8,012,200
$7,000,300
Income Tax

$2,618,600
$2,614,200
$2,509,100
$2,054,000
Minority Interest

$0
$0
$0
$0
Equity Earnings/Loss Unconsolidated Subsidiary

$0
$0
$0
$0
Net Income-Cont. Operations

$5,585,900
$5,464,800
$5,503,100
$4,946,300
Net Income

$5,585,900
$5,464,800
$5,503,100
$4,946,300
Net Income Applicable to Common Shareholders

$5,585,900
$5,464,800
$5,503,100
$4,946,300

Bottom of Form

This is the balance sheet that shows what has been going on since the past three to four years for McDonalds company. I am kind of impressed with some of the ratios so far for the this company and how they can improve for years to come.

Top of Form
Period Ending:
Trend
12/31/2013
12/31/2012
12/31/2011
12/31/2010
Current Assets
Cash and Cash Equivalents

$2,798,700
$2,336,100
$2,335,700
$2,387,000
Short-Term Investments

$0
$0
$0
$0
Net Receivables

$1,319,800
$1,375,300
$1,334,700
$1,179,100
Inventory

$123,700
$121,700
$116,800
$109,900
Other Current Assets

$807,900
$1,089,000
$615,800
$692,500
Total Current Assets

$5,050,100
$4,922,100
$4,403,000
$4,368,500
Long-Term Assets
Long-Term Investments

$1,209,100
$1,380,500
$1,427,000
$1,335,300
Fixed Assets

$25,747,300
$24,677,200
$22,834,500
$22,060,600
Goodwill

$2,872,700
$2,804,000
$2,653,200
$2,586,100
Intangible Assets...

References: www.Ebscohost.com
www.Financials.morningstar.com
www.Hoovers.com
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