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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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Barrett Honors College theses and creative projects are restricted to ASU community members.

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Details

Title
  • Profitable Restaurants Reporting Negative Equity: Causes and Implications for Investors
Contributors
Date Created
2021-05
Resource Type
  • Text
  • Machine-readable links