answer using formulas please

mcdonalds 10k form

wendys 10k form

Evaluating stock as an investment 10. Price-Earnings (P/E) ratio: For P-E ratio, you will need the market price of the stock as of the last day of the fiscal year, which is December 31, 2020 for McDonald's and January 3, 2021 (but use December 31, 2020 as explained above) for Wendy's. To get the market price of stock: go to https://finance.yahoo.com/. In the Search box, enter McDonald's stock symbol (MCD) and Wendy's stock symbol (WEN). On the next screen, click on Historical Data. Change the Time Period to Dec. 28, 2020 - Jan. 5, 2021. Use the the Adj. Close on December 31, 2020 as the market price at the end of the fiscal year for the P-E ratio calculation. See the video links below for a video demonstrating this. - 2019 $ 898.5 2 2242 50 2 3850 3.5579 12703 26774 2,5840 6.5317 13.2612 Consolidated Balance Sheet In moest he date December 31, 2020 ASSETS Current assets Cash and equivalents $ 3,449.1 Accounts and notes receivable 2.110.3 Inventories, at cost, not in excess of market 51.1 Prepaid expenses and other current assets 6327 Total current assets 6,243.2 Other assets Investments in and advances to affiliates 1,2972 Goodwill 2,773.1 Miscellaneous 3,5274 Total other assets 7,5977 Lease right-of-use asset, net 13.827.7 Property and equipment Property and equipment, at cost 41,476.5 Accumulated depreciation and amortization (16,518.3) Net property and equipment 24,9582 Total assets $ 52.626,0 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 741.3 Lease liability 7015 Income taxes 741.1 Other taxes 2270 Accred interest 368.4 Accrued payroll and other liabilities 1.138.3 Current matunties of long-term debt 2.243.6 Total current liabilities 6.181 2 Long-term debt 35,196.8 Long-term lease liability 13.3213 Long-term income taxes 1,970.7 Deferred revenues. Initial franchise fees 7020 Other long-term liabilities 1,054.1 Deferred income taxes 2,025.6 Shareholders' equity (deficit) Preferred stock, no par value: authorized - 165.0 million shares, issued - none Common stock 8.01 par values authorized - 3.5 billion shares, issued - 1,660,6 million shares 16.6 39,050,9 (14 8909) 24.1600 $47.5106 $ 9882 6210 331.7 2475 3378 1.035.7 591 3.6210 34.118.1 12.7578 2.265.9 660.6 979.6 1,318.1 16.6 Consolidated Statement of Income mos e per here te Years ended December 31, 2020 2019 2018 REVENUES Sales by Company operated restaurants $ 8.1392 $9.4208 $ 10,012.7 Revenues from franchised restaurants 10.7261 11.6557 11.0125 Other revenues 3425 2879 2327 Total revenues 19. 2073 21.3644 21.2579 OPERATING COSTS AND EXPENSES Company operated restaurant expenses Food & paper 2.5642 2.5803 3.153.8 Payroll & employee benefits 2.416.4 2.7044 2.9379 Occupancy & other operating expenses 2.000 6 2.0759 2.1742 Franchised restaurants occupancy expenses 2.2075 2.2006 1.9733 Other restaurant expenses 2570 2238 185.1 Selling general & administrative expenses Depreciation and amortization 300.5 2525 2148 Other 2.245.0 1.966.9 1.985.4 Other operating income) expense.net (1175 (1198) (1902) Total operating costs and expenses 11 382 12.2946 124353 Operating income 7.1240 9.060,8 8.822.6 Interest expensent of capitated interest of $6.0 $7A and 55-6 1.2181 1.1219 9012 Nonoperating income) expense.net 345 (702) 253 Income before provision for income taxes 6.1407 8.018.1 7.816.1 Provision for income taxes 1.4102 1.9927 1.8918 Net Income 54.7305 $ 6.025.4 S59243 Earnings per common share-basic 5 6355 $ 761 Earnings per common share-diluted $ 6.31 $ 780 $ 7.54 Dividends declared per common share s 5.045 473 5 419 Weighted average shares outstanding-basic 744 7581 7782 Weighted average shares outstanding-diluted 7501 754 7856 See Neendede francais 795 > Meer THE WENDY'S COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS da Thadis Escept Par Valur January 2021 December 29 2019 ASSETS Current Cahacahuiven Restricted cash Accomets and stes receivable et tamania) Prepaid pemesand other currenties Advertising funds restricted Total Properties Fincelenet Operating met Goodwill Other items lovels Net vetett in de-ype med direct financing love Otherwis Tould LIABILITIES AND STOCKHOLDERS ROUTTY Callables Carport-term de Oro portion of celebrities Ce pot of operating lonelines Accounts payable Accrood expecter writes Advertising funds to ricted liabilities Totalcareo lisilities Le tem dete Lotem fcelentelistes Le temperating selles 3069895 31.973 109.891 4732 89.732 143.306 687.623 915.09 206.153 1.450 751.019 1.224.90 46594 24.221 120.097 5.080.000 100.195 14519 117461 19 IS SSS 82.176 SI 977.000 300.14 $57.199 755911 1.247.212 24606 100.461 994539 23.32 12.10 15.346 31.053 155321 140 SIT 413.10 2.210.163 S06.076 25 22.750 11.00$ 0.75 22.01 165.272 54195 3-99 2.257561 40 197.737 2621 120 059 5.080.0055 256.606 100 161 1959 Net investment in sales type of direct finaciag lemes Othernet Total LIABILITIES AND STOCKHOLDERS' EQUITY Charcutiblities Current portion of low-term det Current portion of face lone lubilities Current portice of operating on abilities Accemts payable Accredenes of the current abilities Advertising and restricted sites Totalcariabilities Long-term dete Long-term finceleme abilities Letom operating lonelines Deferred income Deferred frchiefees Other abilities Total abilities Comments of contingencies Stockholly Come stock. 50.10 pw value: 1.500.000 shares who 170.13 kes tested 22036 and 2269 dressing respectively Additional pain capital Retelis Common stock held in my cout246.156 and 245.535 wes, respectively Acome other comprehensive Total stockholders' quity Totallibilities and stockholders' pity See accompanying to cowolidated facial statements 222 12.105 15345 31.03 155321 140.511 413 305 2216163 506.076 365325 280.755 89.00 117.69 4.490.410 32.750 11.00% 13.775 22.01 168.272 4195 309.698 2.257.561 ISO 547 97,787 270.759 91.790 129.278 8170 4700 238.674 (2.585.755) (49.641) 5.1995 5.080.0063 07.01 2574001 185.725 236.381 $16159 969