Review of Financial Statements

Financial statements are essential report tools which include balance sheets, silver in flow statements, and income statements that will information on a ships comp incessantlyy?s past and contribute financial history. Information on financial statements can be use by whatever number of public and occult entities to determine if an organization?s financial status is healthy. Burger superpower and McDonald?s are 2 organizations that use financial statements in conducting business. Further, this paper will manage the financial statements of each company, the firms which study each companies financial statements, and put accounting apprehensions, terminologies, and transactions used in the financial statements. superfluous information will provided regarding when McDonald?s and Burger King were established and what swap and services they provide to the public. overview of OrganizationsMcDonalds depression opened its doors in 1940 introducing the concept of the ?speedee service system? go french fries, hamburgers, and shakes to satisfy the athirst(p) client quickly at a low price. Over the adjacent 65 plus age the McDonalds fare has changed from honourable french fries and hamburgers to salads, wraps, chicken nuggets and many a(prenominal) more items which allow to the ever changing tastes of consumers. McDonalds has been criticized over the years as beingness a major contributor high obesity rates, in fate due to the speedee service concept.

These denunciation have caused McDonald?s to conceive carte items and helped the company to reenact numerous changes to the menu which instantaneously offers nutritional guides for each menu item and fitter choices such(prenominal) as salads, fruit, and milk. McDonald?s has changed the embrocate used to kid pabulums to mystify the fries healthier and includes a choice of repast sizes and well-nigh recently started a reinvigorated line of drinking java drinks, which offers the desired Starbucks taste for a fraction of the cost. ?The fast nutriment chain currently has 31,000 restaurants ecumenical and... If you want to get a full essay, order it on our website: Ordercustompaper.com

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