(McDonald’s) The following figures are taken from the 2003 financial statements of McDonald’s and… 1 answer below »
(McDonald’s) The forthcoming figures are captured from the 2003 financial statements of McDonald’s and Wendy’s.1 Figures are in pet dollars.
a. In 2003, what were McDonald’s list turns? What were Wendy’s list turns? [2.4]
b. Suppose it absorbs twain McDonald’s and Wendy’s $3 (COGS) per their esteem abstinence offerings, each sold at the similar treasure of $4. Exhibit that the absorb of list for twain companies is 30 percent a year. Approximately how ample does McDonald’s reserve in list absorb per esteem abstinence compared to that of Wendy’s? You may exhibit the list turns are stubborn of the treasure. [2.4]