McDonald's Corporation provided the following financial information for the fiscal year ending December 31, 2023:...
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Accounting
McDonald's Corporation provided the following financial information for the fiscal year ending December 31, 2023: Total Revenue of $45,560 million, Operating Expenses of $29,820 million, and Net Income of $10,050 million. The company’s total assets were $58,970 million, and total equity was $23,890 million.
Questions:
- Calculate McDonald's operating profit margin.
- Compute McDonald's net profit margin.
- Calculate the return on assets (ROA) for McDonald's.
- Compute the return on equity (ROE) for McDonald's.
- If McDonald's total liabilities were $35,080 million, what is the debt to equity ratio?
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