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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.

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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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