The following information refers to the financial records of McDonalds 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, a...

Business
Financial Accounting
The following information refers to the financial records of McDonalds

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

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

2012 2013 $5,585.90 3,114.60 2014 Net income $4,757.80 $5,464.80 Dividends declared Closing per-share price Number of sh 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 2012, 2013, and 2014.
c. Comment on the performance of an investment in McDonald€™s stock from 2012 to 2014.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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2012 2013 $5,585.90 3,114.60 2014 Net income $4,757.80 $5,464.80 Dividends declared Closing per-share price Number of shares outstanding 2,896.60 88.21 3,216.10 93.70 97.03 1,002.70 962.90 990.40

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a 2012 2897 5465 530 2013 3115 5586 558 2014 3216 4758 676 b Price Earnings Ratio Market Price per S...View the full answer

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Financial Accounting in an Economic Context

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Question Posted: Nov 22, 2018 11:52 AM

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