Bloomin Brands, Inc., is the corporation behind five restaurant chains: Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill,
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Required
a. Compute Bloomin Brands gross margin percentage for 2013 and 2012.
b. Compute Bloomin Brands return on sales percentage for 2013 and 2012.
c. Based on the percentages computed in Requirements a and b, did Bloomin Brands performance get better or worse from 2012 to 2013?
d. Compare Bloomin Brands gross margin percentages and return on sales percentages to those of the other real-world companies discussed in this chapter and discuss whether or not it appears to have better than average financial performance.
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Fundamental Financial Accounting Concepts
ISBN: 978-0078025907
9th edition
Authors: Thomas Edmonds, Christopher Edmonds
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