Current Attempt in Progress Suppose the 2022 income statement for McDonald's Corporation shows cost...
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Accounting
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Suppose the income statement for McDonald's Corporation shows cost of goods sold $ million and operating expenses including depreciation expense of $ million $ million. The comparative balance sheets for the year show that inventory decreased $ million, prepaid expenses increased $ million, accounts payable inventory suppliers increased $ million, and accrued expenses payable increased $ million.
Using the direct method, compute a cash payments to suppliers and b cash payments for operating expenses. Enter answers in millions to decimal place, eg
Cash payments to suppliers
$
million
Cash payments for operating expenses
$ millio
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