In 2010, Yum Brands Inc. reported a profit margin of 10.4% using profit in the numerator. Had

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In 2010, Yum Brands Inc. reported a profit margin of 10.4% using profit in the numerator. Had the profit margin been based on total comprehensive income, instead of profit, the revised profit margin would have remained unchanged at 10.4%. In 2009, its profit margin was 10.0% using profit and 11.7% using total comprehensive income. Has Yum Brands' profitability improved or deteriorated in 2010?
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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