Tuesday, June 18, 2019
Financial Reports of McDonalds Assignment Example | Topics and Well Written Essays - 1000 words
Financial Reports of McDonalds - Assignment ExampleThis paper discusses McDonalds 2013 annual report with focus on the companys operations, income statement, balance sheet, and cash flow, and ratio analysis. history information, often summarized and communicated in annual reports, is important to different stakeholders to an organization. This paper reviews and reports on McDonalds annual report for the year ended 2013 with focus on the companys operations and financial statements. The discussion identifies positive prospects in the annual report but offers reservations on the companys long-term stability due to overreliance on outside(a) funding.One of McDonalds operational activities in the accounting year ended 2013 was realignment of its subsidiaries, efforts that begun in the year 2005. The operations were geared towards two major goals, to realign the subsidiaries to external environments in the areas of operations and to realign the subsidiaries to the companys global perspec tive. Theses aimed at attaining a desired corporate image by the company. The company also operates in two scopes, through its managed subsidiaries and though its franchises. Its branches however obtain commodities and services from independent suppliers but quality assessment centers exist to ensure threshold regulations in all told of the companys outlets. The companys operations also include collaboration with suppliers to facilitate efficiencies through innovation, outstanding practices, and continuous improvements. The company offers a standard menu to its customers though a level of variation may exist to accommodate geographical diversity around its outlets. It also offers seasonal products but majorly on promotions. Monitoring and evaluation of newly developed products also form a major aspect of the companys operations. Research and development is another probatory area of the companys operations and research and development facilities exists in the United States, Europe , and
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