Examlex
McDonald's current expansion plans into China include:
Income Statement
A financial report summarizing the revenues, expenses, and profits over a specified period, usually a fiscal quarter or year.
Disposal of a Segment
The process of eliminating a division, department, or segment of a business through sale, closure, or bankruptcy, impacting financial statements.
Accounting Principle
Guidelines and rules that govern the accounting process, ensuring accuracy and consistency in financial reporting.
Continuing Operations
The segments of a business that are expected to continue to operate into the foreseeable future, distinguishing from any discontinued operations.
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