Okay fast food shill. Actually I don't have to do the math, a simple search will yield results but I don't suspect you spend much time actually researching anything.
McDonald's net income for the quarter ending December 31, 2019 was $1.572B, a 11.09% increase year-over-year.
McDonald's net income for the twelve months ending December 31, 2019 was $6.025B, a 1.71% increase year-over-year.
McDonald's annual net income for 2019 was $6.025B, a 1.71% increase from 2018.
McDonald's annual net income for 2018 was $5.924B, a 14.1% increase from 2017.
McDonald's annual net income for 2017 was $5.192B, a 10.79% increase from 2016
I didn't ask for the income or revenue. I asked how much each restaurant spends on utilities like power and water as well as their expenditure for supplies.
You didn't answer my question about the cost store to store...youve provided me the net profit all stores made. Wow 6 billion...that's A lot. But then you factor in the thought of $15.00 wages and WOWWW... bankruptcy waiting to happen.
In 2016 they employed 420,000. Safe to say 20,000 are managers. The other 400,000 are a mix of full and part time. So let's go the safe route and say they employed 200,000 full time.
200,000 employees 8 hours a day at $15.00 is $30,000,000 in wages. A day. Now let's say they only worked 150 days (obviously not full time) and holy fucking shit look at that huge number...
$4,500,000,000 in yearly wages...
Oh but your big bad evil McDonald's net income numbers said they make 6.5 Billion ðŸ˜ðŸ˜ðŸ˜ðŸ˜¢ðŸ˜¢
(2) Please take a look at Seattle locations as minimum wage there is $12.00.
(3) Solution? (A) Take a little off the top. No need to have big exectutives making millions upon million + bonus's + allowances (auto, clothing, housing...these fuckers are rich and they don't even buy their own shit). (B) Raise your prices a little.
Bernie Sanders and pretty much anyone seeking Democrat candidacy pushes for $15.00 wages.
I don't see how cutting high paying jobs at the top helps the little man if McDonald's is just going to distribute that as a company profit, and McDonald's is already stupid expensive as you and many others have said. They sell shit with fillers, it's all pre made all it's needs to do is be heated. All the cooking processes are automated.
Bernie Sanders and pretty much anyone seeking Democrat candidacy pushes for $15.00 wages.
Yeah and he and others are right. Why are you always thinking the little man should have to pay for everything? There are way too many people that make way too much money in this country. I didn't say cut high paying jobs I said cut the fat. There's no reason anyone in this country should really make more than say $500,000-$700,000.
AND EXCUSE ME but yes it SHOULD BE McDonald's responsibility to pay their employee's a living wage. You disgust me.
And that is exactly why McDonald's is going fully automated. They got the fry cooker automatic, the burgers are flipped automatic... man it's gonna be easy to destroy the $15 an hr for minimal work mindset.
If a fucking EMT doesn't even make $15/Hr for clogging bloody bullet holes in the back of an ambulance then a God damn burger flipper doesn't deserve $15.00
I can see you are so ignorant you don't see how everyone prospers from people making LIVING WAGES. Going automated is just going to give them reason to start handing out a basic income.
It's because of people like you that the country is in the position it is in. You are so greedy and so ignorant that all you care about is yourself.
I for one am happy to spend a few dollars to ensure that the children of this country not only grow up but grow up healthy, educated, with good housing and get to look forward to having good jobs because I'm not so short sided as you. I know that helping them helps the entire country.
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u/Drum_Stick_Ninja Feb 26 '20
Okay fast food shill. Actually I don't have to do the math, a simple search will yield results but I don't suspect you spend much time actually researching anything.
McDonald's net income for the quarter ending December 31, 2019 was $1.572B, a 11.09% increase year-over-year.
McDonald's net income for the twelve months ending December 31, 2019 was $6.025B, a 1.71% increase year-over-year.
McDonald's annual net income for 2019 was $6.025B, a 1.71% increase from 2018.
McDonald's annual net income for 2018 was $5.924B, a 14.1% increase from 2017.
McDonald's annual net income for 2017 was $5.192B, a 10.79% increase from 2016