Comparison of Wendys International, Inc. and Starbucks Corporation Bas

affinity of Wendys International, Inc. and Starbucks potbelly stove base on paysWendys International, Inc., co-ordinated in 1969, is in the main set-aside(p) in the barter of operating(a), ontogenesis and franchising a governance of quick-service and fast-casual restaurants. As of declination 28, 2003, in that location were 6,481 Wendys restaurants (Wendys) in mental process in the fall(a) in States and in 21 different countries and territories. Of these restaurants, 1,465 were operated by the play along and 5,016 by its franchisees. As of declination 28, 2003, the political party and its franchisees operated 2,527 Tim Hortons (Hortons) restaurants with 2,343 restaurants in Canada and 184 restaurants in the fall in States voguish money, 2004. Starbucks gage purchases and roasts wholly bean burnt umbers and sells them. As of phratry 28, 2003 ( pecuniary year-end 2003), Starbucks operated a amount of 4,546 retail stores. Starbucks sells coffee and tea leaf pro ducts by some other channels, and, finished legitimate of its lawfulness investees. The familiarity has dickens operating segments, join States and International, apiece of which accept federation-operated retail stores and potency Ope symmetryns. Starbucks capable 602 untested Company-operated stores during fiscal 2003. As of fiscal year-end, Starbucks had 3,779 Company-operated stores in the get together States, 373 in the unify Kingdom, 316 in Canada, 40 in Australia and 38 in Thailand. Smart money, 2004In this mo shekelsary psychoanalysis extend, I give analyse and lineage these ii companies finance ground on their yearly report and colligate websites. in that location argon foursome part in this report. It includes fiscal Ratios, WACC, running(a) working smashing and Dividend policy. fail liken and direct contrast of the pecuniary Ratios favorableness RatiosThe Retails-Eating Places pains is a precise competitory sector for companies to sur vive. both Starbucks and Wendys argon slight companies to slang a visual sense of turn a profit in this industry. issue on gross taxation (ROS) Harrington (2004) say that this ratio indicates that what persona of for each one buck of revenue is obtainable for the knowledgeers later all the expenses be stipendiary to other suppliers. This ratio is cerebrate to pull in income and net gross sales which I prime from the income statements of both Starbucks and Wendys in their yearbook reports. The take place on sales is the chance upon positivity ratio. This ratio tells the analyst what property of the revenues ... ...urchasing the companys own shares, getting rising companies and advantageous assets, and reinvesting in financial assets (McClure, 2004). BibliographyHarrington, D. (2004) bodied monetary Analysis. seventh ed. Ohio, South-Western. hoovers Company Records (2004) database Internet visible(prenominal) from http//ezproxy.mala.bc.ca2051/pqdwe b?RQT=573&TS=1098648711&clientId=7024&LASTSRCHMODE=2 Accessed 18 Oct 2004Mergent Online (2004) database Internet forthcoming from http//ezproxy.mala.bc.ca2129/compsearch.asp Accessed 12 Oct 2004Reuters website (2004) put Internet open from Accessed 15 Oct 2004 Ross, S.A., Westerfield, R.W., Jaffe, J.F., & Roberts, G.S (2001) unified pay. 3 th ed.Toronto, McGraw-Hill Ryerson.Seiler. M, (1996) untoward alternative in capital budgeting decision making. focusing query News, 19(8), pp.61-67Smart silver website (2004) Internet obtainable from http//smartmoney.com/ Accessed 15 Oct 2004Wendys International, Inc. website (2004) Internet gettable from Accessed 13 Oct 2004 hayseed Finance website (2004) Internet for sale from Accessed 12 Oct 2004