May 20.

　2021
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 　 Business Plan Ⅱ

Worksheet
Student Number : 1915520028 Name: Nguyễn ThịPhương

Q1. Comp aring 2016 McDonald ’s finan cial statements with that of 2020, what
think the big difference is? (See page 6 of handouts ‘Accounting session2’)

T h e b i g d i ff e r e n c e b e t w e e n M c D o n a l d ’s f i n a n c i a l i n 2 0 1 6 a n d 2 0 2 0 i s t h a t a l
a s s e t s . L i a b i l i t i e s a n d n e t a s s e t s i n c r e a ts he se, o p e ra t i n g p ro f idt e c re a s e s. F o r i n s t a n c e , i n
2020 the ROA increases significant, the operating profit margin decreases dra
means that in 2020, the company loses from operating activities but gains profit from
ope rating a cti viti es and net i ncome . I n contras t, i n 2016, the profi t is gai ned from opera ting
activities.

Q2: Calculate financial ratio and fill in the table below.

(See Page 6 of handouts ‘Accounting session2’)

McDonald. McDonald.
Comment
2016 2020

McDonald improves its solvency from 103%

to 182%. It means the company has high
Current ratio 103% 182%
ability to pay short-term obligations in 2020
than in 2016

McDonald improves its leverage from 62,4%

t o 7 6 , 9 % . I t m e a n s t h
Equity ratio 62,4% 76,9%
requirements w u dithout
i 2 m sing
effectively than in 2016.

M c D o n a l d d o e s a g o o d j o b b y i n
Gross Profit Margin from 13,8% to 20,2%. It
Gross profit margin 13,8% 20,2%
m e a n s t h a t i n 2 0 2 0 t h e v a l u
products it sells is much more than in 2016.

McDonald improves its ability to earn profit

Operating profit margin 3% 10,8%
by operating activities significantly.

M c D o n a l d d o e s a g o o d j o b b y i n
Return on assets from 3% to 8,7%. It means
that the efficiency of the effectiv
Return on assets 3% 8,7%
m an a ge m en t r es ou r c e s i n 20 20 i s m uc h m o r e
higher than 2016.

Q3: In what in dustry d oes a comp any h ave a relatively large amou nt of p roperty, plan t
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　May 20.　2021
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 　 Business Plan Ⅱ

a n d e q u i p m e n t ? C o n v e r s e l y, i n w h a t i n d u s t r y a c o m p a n y d o n ' t n e e d a l a r g e a m o u n t
these ones relatively?

I ndustry does a company have a relatively large amount of property, plant

in du s try, o ils in du stry, au to m an ufa ctu rin g i nd ustry, ste el ind us tr
industry, heavy manufacturing industry, transport industry…
Industry a company don't need a large amount of these ones relatively: education ind
services, software development industry, …