Attached are the financial statements from the 2020 10-K filing of McDonald's Corporation. Unless otherwise indicated,...

  

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Attached are the financial statements from the 2020 10-K filing of McDonald's Corporation. Unless otherwise indicated, enter your answers below in millions of dollars to one decimal point, as shown on the statement, without dollar signs. Do not enter negative numbers; all questions ask for dollar amounts. McDonalds FY 2020 financial statements.pdf a. What was McDonald's Net income for the year ended Dec. 31, 2020? b. How much depreciation and amortization expense did McDonalds report for the year ended Dec. 31, 2019? c. How much cash did McDonald's generate from operations for the year ended Dec. 31, 2018? d. How much cash did McDonald's use to purchase restaurants and other businesses during the year ended Dec. 31, 2020? e. How much cash did McDonald's obtain from selling property in the year ended Dec. 31, 2019? f. How much cash did McDonald's use to purchase Treasury stock in the year ended Dec. 31, 2018? g. How much cash did McDonald's obtain from issuing long-term debt (financing) in the year ended Dec. 31, 2020? h. In computing cash provided by operations for the year ended Dec. 31, 2018, McDonald's subtracted 497.4 million from net income due to "accounts receivable." Does this subtraction indicate that (A) sales on account during the year were greater than cash collections from customers, or (B) cash collections from customers were greater than sales on account? Enter A or B. Attached are the financial statements from the 2020 10-K filing of McDonald's Corporation. Unless otherwise indicated, enter your answers below in millions of dollars to one decimal point, as shown on the statement, without dollar signs. Do not enter negative numbers; all questions ask for dollar amounts. McDonalds FY 2020 financial statements.pdf a. What was McDonald's Net income for the year ended Dec. 31, 2020? b. How much depreciation and amortization expense did McDonalds report for the year ended Dec. 31, 2019? c. How much cash did McDonald's generate from operations for the year ended Dec. 31, 2018? d. How much cash did McDonald's use to purchase restaurants and other businesses during the year ended Dec. 31, 2020? e. How much cash did McDonald's obtain from selling property in the year ended Dec. 31, 2019? f. How much cash did McDonald's use to purchase Treasury stock in the year ended Dec. 31, 2018? g. How much cash did McDonald's obtain from issuing long-term debt (financing) in the year ended Dec. 31, 2020? h. In computing cash provided by operations for the year ended Dec. 31, 2018, McDonald's subtracted 497.4 million from net income due to "accounts receivable." Does this subtraction indicate that (A) sales on account during the year were greater than cash collections from customers, or (B) cash collections from customers were greater than sales on account? Enter A or B.

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