Question

McDonald’s Corporation is a well-known provider of food services around the world. McDonald’s statements of cash flows for 2011 and 2010 are reproduced with a few slight modifications as Exhibit. Use that statement to answer the following questions:


1. In the financing activities section, all parentheses for 2011 have been removed. Which numbers should be put in parentheses?
2. In the investing activities section, all parentheses for 2011 have been removed. Which numbers should be put in parentheses?
3. The 2011 values for the change in cash and cash equivalents and for beginning and end-of-year balances have been omitted and replaced with the letters A, B, and C. Provide the proper values for these three missing numbers.
4. Suppose the balance in Retained Earnings at December 31, 2010, was $33,812 million. Compute the Retained Earnings balance at December 31, 2011. Assume that all dividends declared were paid in cash in 2011.
5. Comment on the relation between cash flow from operations and cash used for investing activities.


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  • CreatedFebruary 20, 2015
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