Please help me get the following info with supporting evidence from Wendy's financial statements. I have provided the link.
Prepare an analysis on the financial position of the company for the last 3 to 5 years. Refer to the financial statements for this information.
I. Have they acquired more assets? Has the company grown or reduced its size? Give supporting evidence.
ii. Has net income <loss> increased or decreased? How about gross profit? Have expenses stayed consistence or is there a variation from year to year?
http://www.hoovers.com/wendy's/--ID__11621,ticker__--/free-co-fin-factsheet.xhtml.© BrainMass Inc. brainmass.com June 3, 2020, 10:33 pm ad1c9bdddf
Wendy's has experienced a weakening financial position over the past three years watching as revenues fell from $3783.1 million down to just $2450.2 million in 2007 (a 35% decrease). Gross profit margin fell from 24.4% in 2005 to just 18.4% in 2006. One bright spot is that gross profit margin increased back to 21.7% in 2007.
Operating margin decreased from a high of 10% in 2005 to 1.6% in 2006, and increased to 6.4% in 2007. Net profit ...
The solution prepares an analysis on the financial position of Wendy`s. If the company has grown or reduced its size in 3-5 years is determined. The financial statements are analyzed.