Access the February 25, 2016, filing of the 2015 calendar-year 10-K report of McDonald's (ticker: MCD) from

Question:

Access the February 25, 2016, filing of the 2015 calendar-year 10-K report of McDonald's (ticker: MCD) from SEC.gov.
Required
1. Review McDonald's balance sheet and identify how many classes of stock it has issued.
2. What are the par values, number of authorized shares, and number of issued shares of the classes of stock you identified in part 1?
3. Review its statement of cash flows and identify what total amount of cash it paid in 2015 to purchase treasury stock.
4. What amount did McDonald's pay out in common stock cash dividends for 2015?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamental Accounting Principles

ISBN: 978-1259536359

23rd edition

Authors: John Wild, Ken Shaw, Barbara Chiappett

Question Posted: