Sunday, January 23, 2011

Company Essay-McDonald's

My company is McDonalds, One of the worldwide best fast food restaurants. McDonalds was founded May 15, 1940 in San Bernardino, California by Ray Kroc. McDonald’s corporation, April 15, 1955 in Des Plaines, Illinois. The idea first got started by seeing a busy hamburger stand in San Bernardino, California run by Dick and McDonald. This business was ran by brothers started the airdrome hot dog stand in 1937. It was soon moved in 1940 from arcadia to San Bernardino and changed the name to McDonald’s Barbeque.
McDonald’s Headquarters location is Oak Brook, Illinois. The main five products McDonald’s use to make the hamburger are beef, chicken, bread, potatoes and milk. McDonald’s main menu offer you the Big Mac, chicken sandwich what we call a McChicken, chicken nuggets and the McFlurry. Follow by those products are the happy meal a children's meal that comes with a toy for a boy or girls. Next is the apple pie a fruit juice manufactured by the pressing of apples.  Finlay the French fries, know as a side order. It’s a them from the thickly cut strips called chips.
                McDonald’s assets, sell about 1,600 restaurants in Latin America and the Caribbean for $700 million to a franchisee organization led by the executive who brought the chain to Argentina 20 years ago by The New York times. McDonald’s long term liabilities they exceeded stockholder’s equity McDonalds long term obligations include numerous leases on real estate, as well as employee pension and health plans. The balance sheet, with rich cash flow and other long term assets. The fact that leading rating agencies have rated have the company’s debt as stable.

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