Students McDonalds 1999 to 2000

Students McDonalds 1999 to 2000 - 20,984 21,684 Liabilities...

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MCDONALD'S CORPORATION FYE 2000 ($ Millions) INCOME STATEMENT Sales 14,244 Cost of Goods Sold -8,622 Gross Profits 5,622 Marketing, General and Administrative 1,898 Depreciation 395 Total Operating Expenses -2,293 Operating Profits (EBIT) 3,329 Interest Expense -446 Earnings Before Taxes (EBT) 2,883 Income Taxes -905 Net Profit 1,978 ($ Millions) BALANCE SHEET Assets 1999 2000 $ Change Cash 420 422 Accounts Receivable 708 797 Inventories 83 99 Prepaid Expenses 362 345 Total Current Assets 1,573 1,663 Net Fixed Assets 16,325 17,048 Investments 0 0 Other Assets 3,086 2,973
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Unformatted text preview: 20,984 21,684 Liabilities Accounts Payable 586 685 Accrued Expenses 1,069 1,046 Taxes Payable 100 125 Interest Payable 75 45 Short-Term Notes Payable 1,520 505 Total Current Liabilities 3,350 2,406 Long-Term Notes Payable 7,269 9,373 Total Liabilities 10,619 11,779 Equity Preferred Stock Common Stock: Par Value and Paid-In Capital 2,031 2,159 Retained Earnings 14,543 15,857 Treasury Stock-6,209-8,111 10,365 9,905 Total Liabilities and Equity 20,984 21,684...
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