Q:
How much profit does KFC make?
A:
Quick Answer
For 2014, Kentucky Fried Chicken had a gross income of $4.37 billion, net income of $319 million and a total revenue of $19.33 billion, states Market Watch. The gross income is also referred to as gross profit or gross margin. KFC is a division of Yum! Brands, which is also the parent company for Pizza Hut and Taco Bell.
Continue ReadingFull Answer
Over 70 years ago, Colonel Harland Sanders founded KFC in Kentucky. KFC is a chain of restaurants that serves mainly biscuits, side dishes and fried chicken. Harland Sanders established a restaurant in 1930, and the first franchised restaurant was opened in 1952. As of 2015, there are more than 17,000 restaurants found all over the world, states Business Insider. Nearly 3,700 restaurants are situated in China.
Learn more about CorporationsRelated Questions
-
Q:
What is the formula for total profit?
A: The formula for total profit, or net profit, is total revenue in a given period minus total costs in a given period. If a business generates $250,000 in to... Full Answer >Filed Under: -
Q:
What Is economic profit?
A: Economic profit is the total revenue generated by a business minus total opportunity costs. It is a more theoretical way of looking at a company's profitab... Full Answer >Filed Under: -
Q:
What is the profit maximizing rule?
A: The profit maximizing rule stats that profit = total revenue - total costs, meaning that profit maximization occurs where the largest gap between total rev... Full Answer >Filed Under: -
Q:
What is the formula for profit?
A: The formula for profit is total revenue minus total expenses, resulting in net profit, according to Accounting Tools. Company finance officials review net ... Full Answer >Filed Under:
You May Also Like
-
Q:
What trucking companies have bad employment reputations?
-
Q:
How much do the Girl Scouts make from each box of cookies?
-
Q:
What are some retailers that sell wooden model ship kits?
-
Q:
What is the Neothink Society all about?
-
Q:
What are the hours of operation at Fantastic Sams?
-
Q:
What garbage companies have a separate pickup schedule for recycling?
