McDonaldization Refers to the Process by Which

question 114

Multiple Choice

McDonaldization refers to the process by which

• A)the McDonald restaurant chain has spread to countries outside the U.S.
• B)the principles of McDonalds are being applied to more and more of society.
• C)chain restaurants and stores, such as McDonalds and Wal-Mart, are displacing smaller, independently owned enterprises in U.S. cities.
• D)more and more consumers eat at fast food restaurants.

Calculate and interpret basic earnings per share.

Describe the purpose and contents of the statement of changes in equity.

Evaluate the investment attractiveness of shares based on payout ratios and dividend yields.

Identify characteristics and rights associated with corporate ownership, including liability, transferability, and implications of share transactions.

---

Definitions:

Transactions

The events or interactions between businesses or individuals that have economic substance and can be measured in terms of money.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting entries are in balance.

T-Accounts

A visual representation used in accounting to show the debits and credits in separate columns for each account in the general ledger.

Dividends

Distributions from a corporation to its shareholders, representing a share of the company's earnings.