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Financial Accounting 11th Edition
The following information refers to the financial records of McDonald's

The following information refers to the financial records of McDonald's Corporation over a three-year period (dollar amounts

Question:

The following information refers to the financial records of McDonald's Corporation over a three-year period (dollar amounts in millions except share price).

a. Compute dividends declared as a percentage of net income during each of the three years.
b. Compute the price earnings ratio, dividend yield, and stock price return for 2018 and 2019.
c. Comment on the performance of an investment in McDonald's stock from 2017 to 2019.

Transcribed Image Text:

2019 2018 2017 Net income $6,025 $5,924 $5,192 Dividends paid $3,585 $3,261 $3,092 Closing per-share price $196 $170 $163 Number of shares outstanding 758 778 807

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Financial Accounting

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Authors: Jamie Pratt, Michael F Peters

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Question Posted: May 13, 2022 02:53 AM

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