Explain financial statements of mcdonald''s and wendy''s, Operation Management

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The following figures are taken from the 2003 financial statements of McDonald's and Wendy's. Figures are in million dollars.

McDonalds Wendy's

Inventory $129.4 $54.4

Revenue 17140.5 3148.9

Cost of Goods Sold 11943.7 1634.6

Gross Profit 5196.8 1514.4

a. In 2003, what were McDonald's inventory turns? What were Wendy's turns?


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