Section V: Statement of Income Question 5 Identify McDonald's EPS-basic amounts. You can find this value at the bottom of the statement of income. Basic EPS Click here to enter text. Current year, 2019? Preceding year 1? Click here to enter text. Preceding year 2? Click here to enter text. Does it appear that McDonald's EPS-basic improved over the prior years? Click here to enter text.
Section V: Statement of Income Question 5 Identify McDonald's EPS-basic amounts. You can find this value at the bottom of the statement of income. Basic EPS Click here to enter text. Current year, 2019? Preceding year 1? Click here to enter text. Preceding year 2? Click here to enter text. Does it appear that McDonald's EPS-basic improved over the prior years? Click here to enter text.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![### Section V: Statement of Income — Question 5
**Task:** Identify McDonald’s EPS—basic amounts. You can find this value at the bottom of the statement of income.
#### Basic EPS
- **Current year, 2019?**
\[Click here to enter text.\]
- **Preceding year 1?**
\[Click here to enter text.\]
- **Preceding year 2?**
\[Click here to enter text.\]
- **Does it appear that McDonald’s EPS—basic improved over the prior years?**
\[Click here to enter text.\]
---
### McDonald’s Consolidated Statement of Cash Flows (SCF)
**Alternate Company:** Statement of Cash Flows found in SEC Form 10-K.
#### Section V: SCF — Question 1
- **Task:** Review the heading of McDonald’s SCF. Does its SCF include two or three years of comparative information?
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Transcribed Image Text:### Section V: Statement of Income — Question 5
**Task:** Identify McDonald’s EPS—basic amounts. You can find this value at the bottom of the statement of income.
#### Basic EPS
- **Current year, 2019?**
\[Click here to enter text.\]
- **Preceding year 1?**
\[Click here to enter text.\]
- **Preceding year 2?**
\[Click here to enter text.\]
- **Does it appear that McDonald’s EPS—basic improved over the prior years?**
\[Click here to enter text.\]
---
### McDonald’s Consolidated Statement of Cash Flows (SCF)
**Alternate Company:** Statement of Cash Flows found in SEC Form 10-K.
#### Section V: SCF — Question 1
- **Task:** Review the heading of McDonald’s SCF. Does its SCF include two or three years of comparative information?
\[Click here to enter text. Yrs.\]
Transcribed Image Text:**Consolidated Statement of Income Overview**
This document is a Consolidated Statement of Income, detailed in millions of dollars, except for per share data, for the years ended December 31, 2019, 2018, and 2017. This summary includes the following key components:
### Revenues
1. **Sales by Company-operated restaurants:**
- 2019: $9,420.8 million
- 2018: $10,012.7 million
- 2017: $12,718.9 million
2. **Revenues from franchised restaurants:**
- 2019: $11,655.7 million
- 2018: $11,012.5 million
- 2017: $10,101.5 million
- **Total Revenues:**
- 2019: $21,076.5 million
- 2018: $21,025.2 million
- 2017: $22,820.4 million
### Operating Costs and Expenses
1. **Company-operated restaurant expenses:**
- Food & paper:
- 2019: $2,980.3 million
- 2018: $3,153.8 million
- 2017: $4,033.5 million
- Payroll & employee benefits:
- 2019: $2,704.4 million
- 2018: $2,937.9 million
- 2017: $3,528.5 million
- Occupancy & other operating expenses:
- 2019: $2,075.9 million
- 2018: $2,174.2 million
- 2017: $2,847.6 million
2. **Franchised restaurants-occupancy expenses:**
- 2019: $2,006.0 million
- 2018: $1,973.3 million
- 2017: $1,790.0 million
3. **Selling, general & administrative expenses:**
- 2019: $2,229.4 million
- 2018: $2,200.2 million
- 2017: $2,231.3 million
4. **Other operating (income)
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