Review of Financial Statements

Financial statements be essential accounting tools which include remnant sheets, cash in flow statements, and income statements that provide information on a ships compevery?s past and present fiscal history. education on fiscal statements can be used by any number of public and private entities to determine if an face?s financial status is healthy. Burger King and McDonald?s are two organizations that use financial statements in conducting business. Further, this paper leave behind address the financial statements of each company, the firms which audit each companies financial statements, and sic accounting concepts, terminologies, and transactions used in the financial statements. additional information will provided regarding when McDonald?s and Burger King were establish and what merchandise and services they provide to the public. overview of OrganizationsMcDonalds first opened its doors in 1940 introducing the concept of the ?speedee service system? offering fre nch fries, hamburgers, and shakes to satiate the athirst(p) customer quickly at a low price. all over the next 65 plus years the McDonalds fare has changed from estimable french fries and hamburgers to salads, wraps, chicken nug explicates and many more items which offer to the ever changing tastes of consumers. McDonalds has been criticized over the years as world a major contributor high obesity rates, in part due to the speedee service concept. These criticism have caused McDonald?s to rethink posting items and helped the company to enact numerous changes to the menu which now offers nutritional guides for each menu item and better choices such as salads, fruit, and milk. McDonald?s has changed the oil used to nestling pabulums to make the fries healthier and includes a choice of repast sizes and most recently started a new line of boozing chocolate drinks, which offers the desired Starbucks taste for a fraction of the cost. ?The fast-flying food chain currently has 31,000 restaurants worldwide and... ! If you want to get a full essay, order it on our website: BestEssayCheap.com

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