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Problem 12-20 (Part Level Submission) Wendy's International, Inc., and McDonald's Corporation, two leading fast-food chains, are classified in SIC code 5812-Eating Places. Recent results for
Problem 12-20 (Part Level Submission) Wendy's International, Inc., and McDonald's Corporation, two leading fast-food chains, are classified in SIC code 5812-Eating Places. Recent results for each company, along with industry averages, follow. Wendy's McDonald's Industry Average Return on assets 7.7% 9.9 % 6.4 % Return on common stockholders' equity 11.9 % 17.7 % 14.0% Net income as a percentage of sales 7.4 % 12.7 % 2.9% Debt-to-equity ratio 0.67 1.04 0.98 (a) Which company has the stronger profitability position? Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT LINK TO VIDEO LINK TO VIDEO Attempts: 0 of 2 used
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