2. The following are the sales revenue for the McDonald's Corporation in millions of U.S. dollars for recent years: 2013 2014 2015 2016 2017 2018 2019 $28,106 $27,441 $25,413 $24,662 $22,820 $21,025 $21,077 Required (a) Calculate the year-on-year percentage increase in sales revenues. (b) Estimate the sales revenue for 2020.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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11.

 Subject :- Accounting 

2.
The following are the sales revenue for the McDonald's Corporation in
millions of U.S. dollars for recent years:
2013
2014
2015
2016
2017
2018
2019
$28,106
$27,441
$25,413
$24,662
$22,820
$21,025
$21,077
Required
(a) Calculate the year-on-year percentage increase in sales revenues.
(b) Estimate the sales revenue for 2020.
Transcribed Image Text:2. The following are the sales revenue for the McDonald's Corporation in millions of U.S. dollars for recent years: 2013 2014 2015 2016 2017 2018 2019 $28,106 $27,441 $25,413 $24,662 $22,820 $21,025 $21,077 Required (a) Calculate the year-on-year percentage increase in sales revenues. (b) Estimate the sales revenue for 2020.
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