abbreviated income statement and balance sheet
Question The following table shows an abbreviated income statement and balance sheet for McDonald’s Corporation for 2012. INCOME STATEMENT OF MCDONALD’S CORP., 2012 (Figures in $ millions) Net sales 27,587 Costs 17,589 Depreciation 1,422 Earnings before interest and taxes (EBIT) 8,576 Interest expense 537 Pretax income […]