Posts Tagged: same-store sales

A Big Move

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Investors sent shares in Dollar General higher Thursday after the company announced better-than-expected sales growth and plans to open 900 stores in 2018. Questions: 1. What was the overall strategy of Dollar General in the competitive retail business? 2. What is the future that Dollar General hopes for in opening these new stores? 3. What… Read more »

No more breakfast!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting.

All-day breakfast is beginning to lose its novelty for McDonald’s Corp. Questions: 1. What happened to last quarter’s domestic same-store sales? 2. In your opinion, what will be McDonald’s next big source of growth? 3. Are the profit potentials the same for McDonald’s globally? Explain. Source: Giammona, C. (2017). McDonald’s All-Day Breakfast Push No Longer… Read more »

Oh The Times They Are A-Changing!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting.

Month after month, McDonald’s has shared that once again same-store sales have dropped in the United States. The routine has become so consistently depressing that the company decided to quit sharing monthly performance data altogether this past March. Questions: 1. How many stores will McDonald’s close this year and what percentage more was that than… Read more »