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Krispy Kreme Doughnuts
Essay specific features
Written by:
Carrie C
Date added:
February 26, 2013
Level:
University
Grade:
A
No of pages / words:
2 / 544
Was viewed:
7971 times
Rating of current essay:
Essay content:
Best
known for their fresh, glazed, yeast-raised doughnuts, known as "Hot Original Glazed",
Krispy Kreme also make more than a dozen other varieties of yeast-raised and cake
doughnuts. But the company is currently going through financial turmoil along with
possible earnings management.
Krispy Kreme Doughnuts recently announced that they are slashing 125-130 jobs,
the vast majority in Winston-Salem...
displayed 300 characters
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The company is eliminating one-fourth of their staff
in order to cut costs. Also, they recently sold their corporate jet to a Wilmington company
for $30.5 million. It is evident that the donut empire is suffering from liquidity and cash
flow problems. Some investor argue that they didn't see this coming because the once
highly profitable, ever expanding company, seemed incapable of fiscal failure...
displayed 300 characters
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