Cash flow is the lifeblood of all businesses, regardless of size; if a company has no cash flow it would have to cease doing business. For the McDonald's Corporation, cash flow from operating during the time period ending December 2004 was $3,903,600,000. The balance sheet of McDonald's also reveals that the cash flow generated by investing was $1,383,100,000 through December 31, 2004, according to annual data, and cash flow from financial activities was $1,633,500,000. McDonald's major competitor, Wendy's International Inc. generated $130,217,000 …showed first 75 words of 1499 total…

…showed last 75 words of 1499 total…at http://www.mcdonalds.com/corp/invest/finan.html. Wendy's International, 2005. 2004 Financial Report. Retrieved October 12, 2005 using <Tab/>the World Wide Web at www.wendys-invest.com Yahoo, 2005. Wendy's International Inc. (WEN): Cash Flows for Wendy's International <Tab/>Inc. McDonald's Corporation (MCD): Balance Sheet for McDonald's <Tab/>Corporation. Retrieved October 18, 2005 using the World Wide Web at <Tab/>www.finance.yahoo.com.