McDonald's gross profit ratio is higher than The Boeing Company.

Question

Quizplus · Accepted Answer

McDonald's and The Boeing Company operate in vastly different industries with different cost structures and business models, which affects their gross profit ratios. Typically, companies in the food and beverage sector like McDonald's have lower gross profit ratios compared to aerospace and defense companies like Boeing, due to the higher cost of goods sold associated with retail and food services.

McDonald's Gross Profit Ratio Is Higher Than the Boeing Company