Description
Theoretically, negative shareholders' equity ("deficit") indicates that a business is insolvent. Yet many large, profitable businesses report deficits today. My research focused on the fast-food industry, namely McDonald's, Starbucks, Yum! Brands, and Papa John's, to uncover how these deficits came about and what they mean for investors.
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Title
- Profitable Restaurants Reporting Negative Equity: Causes and Implications for Investors
Contributors
- Workman, Zachary Ryan (Author)
- White, Roger (Thesis director)
- Cassidy, Nancy (Committee member)
- School of Accountancy (Contributor)
- Economics Program in CLAS (Contributor)
- Barrett, The Honors College (Contributor)
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2021-05
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