Fast Food Analysis
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McDonald's vs. Wendy's: A Financial Comparison VS MBA680: Financial Reporting and Analysis Table of Contents 1. Introduction 2. Executive Summary 3. Company Overview 4. Ratios a. Capital Solvency b. Liquidity c. Return on Investments d. Profitability e. Asset Utilization f. Financial Market 5. Conclusion 6. Appendix: Financial Statements and Ratios Introduction This paper will compare the financial aspects of McDonald's and Wendy's to each other, and the industry, from the personal investor perspective. We will look at certain ratios, financial statements, and company strategies. The results are based on a 5 year time span (2002-2006) and the primary sources of information are the SEC 10-K filings, company's websites, and trade publications. Executive Summary McDonald's is an icon and Wendy's a local Ohio business trying to grow itself into a national chain. Both companies offer relatively the same menu, hamburgers, French fries, soft drinks and for the health conscious, salads. McDonald's offers a little more variety in their menu, which includes seasonal specials, like the highly...

