Mcdonald's Financial Case

In: Business and Management

Submitted By zq941104
Words 1746
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Financial statement CASE STUDY
Qi Zhang (William)
BUSN 101-002
Prof. Sommese
10/17/13

Table of Content
Company Overview-------------------------------------------------------2
Financial Statement Research-----------------------------------------2
Financial Statement Analysis------------------------------------------4
Interpretive Analysis-----------------------------------------------------5
Conclusion------------------------------------------------------------------7
Work Cited------------------------------------------------------------------7
Balance Sheet---------------------------------------------------------------8
Income statement--------------------------------------------------------9
Company overview
McDonald’s Corp, one of the largest chain fast food restaurant group, has more than thirty thousand branches in hundreds of countries over six continents. The company is serving food for more than 68 million people per day. Major products are hamburger, french fries, fried chicken, soda, salad, etc. In May 15th, 1940, Richard and Maurice McDonald began a little restaurant named “Dick and Mac McDonald”. Then in 1948, they changed the principle to fast food restaurant using assembly line, which made productivity much more efficient.
In last year, the company’s global comparable sales growth was 3.1%. The earning per share growth was 5%, and the average number of customers served every day was 69 million. The operating income increased $100 million than the year before.
Financial Statement Research | Million | Balance Sheet Items | 2011 | | 2012 | | Observation | Cash | 2,335.70 | 7.08% | 2,336.10 | 6.60% | The amount of cash increased, but percentage decreased. | Accounts receivable+ note receivable | 1,334.70 | 4.05% | 1,375.30 | 3.89% | The amount of receivable increased but percentage decreased. | Inventory | 116.8 | 0.35% |…...

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