Hi guys,
I am doing some research into McDonalds and it's international businesses. It's a small study for people who are interested in good company structures.
I came across a section in their annual report where they give some weighted average figures but I don't know how they arrived at those figures and I'm not very good at maths, so I was hoping someone might know the answer to my question.
$6,889.1 is the weighted average cash... how did they arrive at this figure using the numbers in the screen shot below? :S
In the notes it says: " The denominator is the weighted average cash used for investing activities during the applicable one or three year period. The weighted average cash used for investing activities is based on a weighting applied on a quarterly basis.
Here is a screenshot of what I am looking at:
Thank you in advance, sorry if its a dumb question,
I am doing some research into McDonalds and it's international businesses. It's a small study for people who are interested in good company structures.
I came across a section in their annual report where they give some weighted average figures but I don't know how they arrived at those figures and I'm not very good at maths, so I was hoping someone might know the answer to my question.
$6,889.1 is the weighted average cash... how did they arrive at this figure using the numbers in the screen shot below? :S
In the notes it says: " The denominator is the weighted average cash used for investing activities during the applicable one or three year period. The weighted average cash used for investing activities is based on a weighting applied on a quarterly basis.
Here is a screenshot of what I am looking at:
Thank you in advance, sorry if its a dumb question,
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