The following are income statements of two companies that are both in the fast food industry. All amounts are in 000's and are for the year ended December 31, 2021. Instructions
Using vertical analysis determine which corporation is the more profitable and identify the most significant cause of the difference.

Question

The following are income statements of two companies that are both in the fast food industry. All amounts are in 000's and are for the year ended December 31, 2021.  Instructions
Using vertical analysis determine which corporation is the more profitable and identify the most significant cause of the difference.

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The Answer of The following are income statements of two companies that are both in the fast food industry. All amounts are in 000's and are for the year ended December 31, 2021.  Instructions
Using vertical analysis determine which corporation is the more profitable and identify the most significant cause of the difference.

The Following Are Income Statements of Two Companies That Are