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What is the value of the company inventory

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Reference no: EM131848766

McDonald's Corporation

Using the Annual Report of your selected company answer the following questions in the Discussion:

  • What is the value of the company's inventory at year end?
  • What was the amount of cost of goods sold for the year?
  • What income statement format does the company use? Explain.
  • Compute the company's gross profit percentage for the year end.
  • Did the gross profit percentage improve, worsen, or hold steady? 
  • How does the company's gross profit percentage compare to the industry?
  • What are the company's inventory turnover and days sales in inventory for the year end? Is there anything interesting to note about these ratios?

Reference no: EM131848766

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