Question: Question 3 Your answer is partially correct. Suppose the 2017 income statement for McDonald's Corporation shows cost of goods sold 4,872.0 million and operating expenses

 Question 3 Your answer is partially correct. Suppose the 2017 income

Question 3 Your answer is partially correct. Suppose the 2017 income statement for McDonald's Corporation shows cost of goods sold 4,872.0 million and operating expenses (including depreciation expense of $1,207.0 million) $10,994.0 million. The comparative balance sheets for the year shows that inventory decreased $5.4 million, prepaid expenses increased $39.3 million, accounts payable (merchandise suppliers) increased $15.0on, and accrued expenses payable increased $202.0 ilion Using the direct method, compute (a) cash payments to suppliers and (b) cash payments for operating expenses. (a) Cash payments to suppliers (b) Cash payments for operating expenses Click if you would like to Show Work for this question: 4,729.7 million 9,624.3 million Open Show Work

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