Question 1 - The following table on the left lists the components of a hypothetical McDonalds Income Statement and the corresponding values. On the right, add these in the correct order along with the corresponding amount. For full credit, be sure to label negative values as negative. Alphabetic Billion $ Income Statement (Correct Order) Amount Cost of Revenue $ 14 Depreciation Expense $ 2 Gross Profit $ 16 Interest Expense $ 2 Net Income $ 6 Operating Income $ 11 Other Operating Expense $ 1 Pretax income $ 7 Revenue $ 30 SGA Expense $ 4 Tax Provision $ 1 Question 2 - These are from a hypothetical McDonalds balance sheet. Given the numbers on the left, fill in the right-hand side with your own numbers so that the balance sheet balances. Billion $ Billion $ Cash and Equivalents $ 5 Current Liabilities Receivables $ 3 Total Non-Current Liabilities Other Current Assets $ .5 Total Liabilities Plant and Equipment $ 40.5 Other Non-Current Assets $ 10 Owners Equity Total Assets $ 59 Total Liabilities and Equity

Please open this document in Microsoft Word and respond directly in this document without modification of the text in bold. This way the answer will be in the same place and in the same format for every student. You will submit this Word file in Canvas. If you have any trouble, reach out to your instructor in a timely manner. Question 1- The following table on the left lists the components of a hypothetical McDonalds Income Statement and the corresponding values. On the right, add these in the correct order along with the corresponding amount. For full credit, be sure to label negative values as negative. Alphabetic Billion $ Income Statement (Correct Order) Amount Revenue 5 Revenue 30 Depreciation Expense $ Less: Cost of Revenue 05s Profit S 16 Gross profit Interest Expense 2 SGA Expense Net Income Other operating Expense Operating Income 5 11 Operating Income Other Operating Expense 1 Depreciation Expense Pretax income 5 7 Interest Expense Revenue in 30 Pretax income SGA Expense Tax Provision Tax Provision 1 Net Incomel Question 2 - These are from a hypothetical McDonalds balance sheet. Given the numbers on the left, fill in the right-hand side with your own numbers so that the balance sheet balances. Billion $ Billion $ Cash and Equivalents 5 5 Current Liabilities Receivables 3 Total Non-Current Liabilities Other Current Assets abilities Plant and Equipment 5 Other Non-Current Assets Owners Equity Total Assets 54 Total Liabilities and Equity