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Essay

McDonald & Wendys Financial Statement

Essay specific features

 

Issue:

Business

 

Written by:

Timothy H

 

Date added:

March 8, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1600

 

Was viewed:

5438 times

 

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Essay content:

Essentially, the debt-to-assets ratio is the primary indicator of the firms debt management. As the ratio increases or decreases, it indicates the firms changing reliance on borrowed resources. The lower the ratio the more efficient the firm will be able to liquidate its assets if operations were discontinued, and debts needed to be collected...
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The lower the ratio the more efficient the firm will be able to liquidate its assets if operations were discontinued, and debts needed to be collected. In 2005 Wendy's had $2,076,043 worth in total assets and $846,264 in total liabilities. When divided, Wendys has the lower ratio of the two competitors at 40%...
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