Research the following companies further using the school research databases, such as Hoovers database or the companys own website.

• Yum! Brands, Inc.
• Wendy's Corporation

Locate each companys net sales (revenue), gross profit, and net income for the current year, and answer the following:

• Are there any discontinued operations?
• If yes, what figures are reported?

Complete a common size income statement (vertical analysis) for the three most recent years for both companies. Use the net sales, gross profit, and net income to prepare the statement.

Submit a response paper clearly identifying each of the required numbers, the income statement, and your explanation.