Topics: Finance, Financial ratios, Generally Accepted Accounting Principles Pages: 2 (645 words) Published: December 2, 2008
Financial Details: I am pleased to report that 2007 was another year of strong financial performance and growth. Notably, each area of the world contributed to our sales and profit performance. At McDonald’s today we are clearly defined by our System’s alignment toward enhancing the customer experience at our 31,000 restaurants around the world through a relentless focus on our Plan to Win. Our momentum continues because of our global alignment and ongoing focus on the Plan to Win. We have the world’s best owner/operators, suppliers, and employees united in our commitment to customers. We are leveraging greater consumer insight to deliver sustainable business results for the long-term benefit of our shareholders. Like no other restaurant brand, McDonald’s has the size, brand strength and capacity that provide unparalleled scope and opportunity to facilitate growth efficiently. Following are some of the financial highlights showing the profitability efficiency McDonalds in this difficult market situation also is very financially stable Debt Equity ratio and leverage ratio indicates the Self financing capabilities of the company. Business Plan: Following start up cost has been assigned to the Project: Funds Availability : For the Project we have proposed above expenses as the start up cost which is needed to start the project this requirement of capital will be distributed over the time span of one year starting from market research in the very beginning and till the employee salaries and employee uniform at the end. Project will be self Financed from the second year with its revenue generated. Accounts of the McGlobal Restaurants will be maintained separately from McDonald’s restaurants for proper measurement of profitability. Sources for the Funds: For Financing of the project the Business Development team with finance department has come up with three options: 1.) From Retained Earning and Reserves:Company at the end of financial year 2007 has total...
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