McDonald 's Corporation is the world 's leading global food service retailer with more than 36,000 locations worldwide in more than 100 countries The corporation operates and franchises McDonald 's restaurants, which serve menu items such as the Big Mac, Chicken McNuggets, and McFlurry desserts In ...

Requirement 1 Plant assets such as property and equipment are reported at cost less accumulated depr ...

McDonald's Corporation is the world's leading global food service retailer with more than 36,000 locations worldwide in

Question:

McDonald's is the world's leading global food service retailer with more than 36,000 locations worldwide in more than 100 countries. The operates and franchises McDonald's restaurants, which serve menu items such as the Big Mac, Chicken McNuggets, and McFlurry desserts. In addition, McDonald's also serves McCafe beverages and pastries.
Requirements
1. Where would McDonald's report plant assets on its How are plant assets reported and what is the value as of December 31, 2015?
2. Does McDonald's depreciate its plant assets? How do you know? What is the depreciation method used and the useful lives?
3. How is the book value of plant assets calculated? What is the net book value of McDonald's plant assets as of December 31, 2015?
4. What type of intangibles would be included on McDonald's and where?
5. What is ? Does McDonald's report ? If so, how much is reported as of December 31, 2015? What does McDonald's primarily result from?
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