Annual Report of McDonald’s Corporation – an analysis

Annual Report of McDonald’s Corporation – an analysis

Obtain a copy of the annual report of McDonald’s Corporation for the year of 2020. You can find the annual report at the company’s website’s website (www.mcdonalds.com ) in the investor information section or at the Securities and Exchange Commission’s website (www.sec.gov) using EDGAR (Electronic Data Gathering, Analysis, and Retrieval). Form 10-K, which includes the annual report, is required to be filled on EDGAR. Search or scroll within the annual report to find the financial statement.

Required:
Discuss each of McDonald’s financial statement in the following order; income statement, balance sheet, and statement of retained earnings? State whether there are some changes, increase or decrease, in items’ balance from previous years, and how you would interpret such changes.