Table 1: Financial Data McDonald's ($Millions) 27,441 Revenues Cost of Goods Sold (Materials) Wages and Salaries Capital Employed Interest Rate (Opportunity Cost of Capital)-5.0% ($22,027) $10,418 $23,376 15,446 2,488 31,534 Wendy's (SMillions) 2,061 1,400 274 3,806 Based on the data in Table 1 and using the methods related to Kay's concept of added value, what is the added value (in millions) for McDonald's? O $9.507
Table 1: Financial Data McDonald's ($Millions) 27,441 Revenues Cost of Goods Sold (Materials) Wages and Salaries Capital Employed Interest Rate (Opportunity Cost of Capital)-5.0% ($22,027) $10,418 $23,376 15,446 2,488 31,534 Wendy's (SMillions) 2,061 1,400 274 3,806 Based on the data in Table 1 and using the methods related to Kay's concept of added value, what is the added value (in millions) for McDonald's? O $9.507
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Table 1: Financial Data
McDonald's
($Millions)
27,441
15,446
2,488
31,534
Revenues
Cost of Goods Sold (Materials)
Wages and Salaries
Capital Employed
Interest Rate (Opportunity Cost of Capital)-5.0%
Wendy's
($Millions)
2,061
1,400
274
3,806
Based on the data in Table 1 and using the methods related to Kay's concept of added value, what is the added value (in millions) for McDonald's?
$9,507
($22,027)
$10,418
$23,376
$7.930
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