$\backslash$table$[[\backslash$table$[[$BALANCE SHEET OF MCDONALD'S CORP., $2012],[($Figures in $ millions$)]]],[$Assets$,2012,2011,\backslash$table$[[$Liabilities and Shareholders'$],[$equity$]],2012,2011],[$Current assets,,,Current liabilities,,$],[\backslash$table$[[$Cash and marketable$],[$securities$]],2,337,2,337,$Debt due for repayment,$,370],[$Receivables$,1,376,1,336,$Accounts payable,$3,404,3,144],[$Inventories$,123,118,$Total current liabilities,$3,404,3,514],[$Other current assets,$1,090,617,,,],[$Total current assets,$4,926,4,408,,,],[$Fixed assets,,,Long$-$term debt,$13,634,12,135],[\backslash$table$[[$Property$,$ plant, and$],[$equipment$]],24,678,22,836,$Other long$-$term liabilities,$3,058,2,958],[\backslash$table$[[$Intangible assets$],[($goodwill$)]],2,805,2,654,$Total liabilities,$20,096,18,607],[$Other long$-$term assets,$2,984,3,100,$Total shareholders' equity,$15,297,14,391],[$Total assets,$35,393,32,998,\backslash$table$[[$Total liabilities and shareholders'$],[$equity$]],35,393,32,998]]$

In $2012$ McDonald's had capital expenditures of $$3,050.$ In $2012$ McDonald's had capital expenditures of $$3,050.$

a$.$ Calculate McDonald's free cash flow in $2012.($Enter your answer in millions.$)$

Free cash flow

$

$3182$

million

If McDonald's was financed entirely by equity, how much more tax would the company

b$.$

have paid? $($Assume a tax rate of $35\%$ on the revised pretax income.$)($Do not round

intermediate calculations. Enter your answer in millions rounded to the nearest

whole number.$)$hello The following table shows an abbreviated income statement and balance sheet for

McDonald's Corporation for $2012.$