McDonald's Financial Report
By looking at McDonald's financial reports, I learned a lot about accounting and a lot about the McDonald's business.
I learned that from the US alone, McDonald's made over $8,000 million in revenue in 2014 alone. The US is their largest revenue producer, and they explained that it was because the US had the most restaurant locations out of all of the other countries in the world.
After looking at the McDonald's reports, I looked at L'Oreal's reports as well.
L'Oreal's Financial Report
I found that L'Oreal is the number 1 cosmetics group worldwide, and operates in more than 130 countries. They have 32 complementary brands under their company, and had 22.5 billion Euros of sales in 2014.
One question I have after researching these companies and finding this information is: In more detail what is a constant currency report?
Tuesday, June 9, 2015
Tuesday, May 26, 2015
Largest Ponzi Scheme in History
Frontline Business:
3 Areas I Didn't Know About Before Reading the Information:
- Bernard Madoff, along with others, committed the largest Ponzi Scheme in history
- Madoff is currently serving 150 year prison sentence
- His investors were cheated out of $17.5 billion
1 Area I'd Like to Know More About
- A more in-depth explanation of what a Ponzi Scheme is
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