Krispy Kreme Dunkin' Brands Operating expenses Depreciation expense Cash (end-of-year balance) $466,616 $438,108 16,199 50,785 20,458 361,425
Krispy Kreme Dunkin' Brands Operating expenses Depreciation expense Cash (end-of-year balance) $466,616 $438,108 16,199 50,785 20,458 361,425
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Krispy Kreme Doughnuts, Inc. (KKD) is a leading retailer and wholesaler of doughnuts. Krispy Kreme owns or franchises more than 1,100 stores where the “hot" light tells you if doughnuts are cooking. Dunkin* Brands Group, Inc. (DNKN) is a leading franchisor of doughnut (Dunkin' Donuts) and ice cream (Baskin-Robbins) shops with more than 20,000 stores worldwide. Selected financial statement information for a recent year for both companies follows (in thousands):
a. Determine the days' cash on hand for each company. Round all calculations to one decimal place.
b. Which company appears to have the stronger cash liquidity position?
Transcribed Image Text:Krispy Kreme
Dunkin' Brands
Operating expenses
Depreciation expense
Cash (end-of-year balance)
$466,616
$438,108
16,199
50,785
20,458
361,425
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