Question
Some analysts argue that Boston Chicken (BOST) is primarily in the business of operating restaurants. Other analysts argue that BOST is primarily a franchisor,
Some analysts argue that Boston Chicken (BOST) is primarily in the business of operating restaurants. Other analysts argue that BOST is primarily a franchisor, as opposed to an operator of restaurants. Still others argue that BOST is primarily a financial institution that lends money to operators of restaurants. Based on the information provided in the case, what do you view as BOST's primary business and why?
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Financial Accounting and Reporting a Global Perspective
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