How Much Is the Concentration Ratio in the Fast Food

question 139

Short Answer

How much is the concentration ratio in the fast food industry if MacDonald's has 18% of the sales;Burger King,12%;Wendy's,10%;Roy Rogers,8%;White Castle,6%;Bob's Big Boy,4%;and four others tie with 3%?

---

Definitions:

Earnings Retention

The portion of net income that is retained by the corporation rather than distributed to its owners as dividends.

Discontinues

The process of ceasing production, support, or sale of a product or service.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time.

Continuing Operations

The segments or units of a business that are expected to continue operations into the foreseeable future, as opposed to those segments that are being discontinued or sold.