McDonald Corp Prepare a Horizontal Analysis of Revenues and Cost of Goods

question 132

Essay

McDonald Corp.reported the following on its comparative income statement (in millions):
$$\begin{array} { l l l l } & 2019 & 2018 & 2017 \\\text { Revenue } & \$ 72 8 & \$ 675 & \$ 500 \\\text { Cost of goods sold } & 312 & 258 & 220\end{array}$$ Prepare a horizontal analysis of revenues and cost of goods sold,both in dollar amounts and in percentages,for 2019 and 2018.(Round your percentage answers to two decimal places.)

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Definitions:

Agreeableness

Agreeableness is a personality trait that signifies how cooperative, warm, and kind an individual is towards others.

Behavioral Tendencies

Patterns or propensities in individuals' actions and reactions under certain conditions or stimuli.

Reputations

The beliefs or opinions that are generally held about someone or something based on past actions or character.

Expectancy Effects

Phenomena where an experimenter's or observer's expectations about a participant can actually influence the outcome of a study or the behavior of the participant.