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what was the total profit in 2002 for McDonalds

  • math -

    According to Value Line Investment Survey, MCD net profit for 2002 was $1692 million.

  • math -

    Thank you let me repharse the question according to the website what was McDonalds total profit in 2002 I cant find this

  • math -

    You can probably find it here.

    http://www.aboutmcdonalds.com/mcd/investors/publications/annual_report_archives/2002_annual_report.html

  • math -

    Or you can find it here:
    http://www.valueline.com/dow30/f5707.pdf
    Look under 2002 and the row for "net profits".

  • math -

    In Ms Sue's link, the summary annual report shows a net profit of 893 millions, with notes 1 and 5 indicating the inclusion of 700 million after tax operating charge and 98.6 million after tax charge to reflect intangible assets.
    That brings the total to 1692 millions which corresponds to the Valueline figure.
    Exactly which number to adopt will depend on accounting practices and the context of the question.

  • math -

    Thanks, MathMate. I didn't know how to explain the discrepancies in numbers.

  • math -

    Thanks Ms Sue for finding the two links. I wouldn't have known where to start!

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