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Wendy Accounting

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Submitted By vuquelinh
Words 2551
Pages 11
DHT-FT-2012-04-1
Ms.Zwen Chua

Accounting in H&T
Continuous Assessment 3
(Group Work)

Team members:
Vu Que Linh (1206009805)
Andrian Hendro (1207009990)
Giovanni Budianto (1110009123)
Vania (1206009788)
Pham Thuy Van (1204009616)
Pham Thi Hoan Hao (1207009935)
Maria Astrid K (1206009804)
Huynh Ngoc Thanh Truc

Table of Contents

Introduction…………………………………………………………….1
Presentation of financial statement of the past three years……........1
Identification of major ratios……………………………………..…..2
Sales trend justification……………………….………………………4
Buying or leasing………………………………………………………5
Accepting a special order……………………………………………..9
Appendix……………………………………………………………….10

1. Introduction

Nowadays, fast food becomes an indispensable part in such a busy life. Mac Donald’s, KFC, Old Chang Kee and many others are familiar names with not only youngsters, kids but also adults. Many brands become global and well-known and one of which is Wendy’s. With the slogan “Now that’s better”, Wendy ‘s really make the fast food industry a little different with natural and fresh ingredients. That is why our group chooses Wendy’s as it become more and more popular.
Wendy’s was first founded by Dave Thomas on November 15, 1969. They gain customers because of their old fashioned style of serving. The edges of the burgers aren’t cut, leaving them as squares. Wendy’s attracted an immense number of customers. In fact the sales of Wendy’s exceeded burger king’s in 2011. Now, by having 6,500 franchise and company restaurants in the U.S including 27 other countries and U.S worldwide has made The Wendy’s Company, the world’s Third largest quick-service hamburger company. The company mergered with Triarc Companies Inc. in 2008 and became Wendy’s/Arby’s Group, a publicly traded company. But the merger was not profitable and Arby’s was sold in 2011 (The Wendy’s Company 2012).

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