Recent comments in /f/dataisbeautiful

Salty_Employee_8944 t1_j6p8p0b wrote

Nah, it's because the franchisees pay for every cost. McDonalds leases the land for them and collects the franchise fees, royalties. It's essentially free money for the company.

When they operate the restaurants there is costs of buying the ingredients, paying the employees etc. And the revenue comes from the burger sales.

On the franchise part the revenue is from the fees, so of course there's not much cost to that. I don't think the burger sales from the franchises even show up on the income statement, that's the franchisees revenue, not the company's

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Snoo_94483 OP t1_j6oym5q wrote

That’s wrong. It’s a 3652 day moving avg, so that takes care of the leap year. Even if it were an issue, and it’s not, it at most could impact it at most a small percent of 1/3652.

I would be interested to see some data showing a correlation between the solar cycle and global warming metics. Last month had a higher monthly total than any month in the previous cycle.

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mediandude t1_j6oukan wrote

10-year moving average is off due to leap years. That skews the average. Looking at the graph, the variance of the northern hemisphere is up to 150k and some few % of that might be the leap year effect. 12-year average is also closer than 10-year average to the solar cycle 11.2 year cycle. Nitpicking, but why not?

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IncomeStatementGuy OP t1_j6otsjf wrote

>https://www.sec.gov/Archives/edgar/data/63908/000006390823000005/exhibit991-123122.htm

Thanks! But I think my terms are right.

I structured the visualization similarly to the structure of McDonald's income statement: https://www.sec.gov/Archives/edgar/data/63908/000006390823000005/exhibit991-123122.htm
Only difference is that I abbreviated their reported "income before provision for income taxes" as "income before taxes".

Depreciation is reported as part of their operating expenses.

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