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New Microsoft Excel Worksheet
Consolidated Statement of Comprehensive Income - USD ($) $ in Millions Dec. 31, Dec. 31,
2018 2017
Net income $ 5,924.3 $ 5,192.3
Months Ended
Dec. 31,
2016
$ 4,686.5
McDONALD’S CORP
NYSE: MCD
$ in Millions
Given
A0 $ 32,811,000
S0 $ 21,025,000
L0 $ 32,811
NI(2018) $ 5,924,000 Sales Forecast & Growth Rate
D(2018) $ 3,256,000 Year Sales
G -8% 2014 $ 27,441,000
2015 $ 25,413,000
Calculated 2016 $ 24,622,000
A0/S0 1.5605707491 2017 $ 22,820,000
S1 $ 19,371,193 2018 $ 21,025,000
Change in S $ (1,653,807) 2019 $ 19,636,700
L0/S0 0.0015605803
M 28%
1-Payout ratio 45% What if Analysis by Goal Seek (SUSTAINABLE GRO
Set Cell
To Value
By Changing Cell (g)
Result
Growth rate
N/A
-7%
-3%
-7% AFN = (A0/S0)*Change in S - (L0/S0)*Change in S -
-8% = $ (2,580,883) - $ (2,581) -
= $ (5,036,439)
2019
-10%
M*S1(1-Payout Ratio)
$ 2,458,138