Every year, the average American spends $1,200 on fast food. A OnePoll 2014 survey of 1,000 adults revealed that Americans eat fast food on average twice a week, spending $12.50 on each meal. Equally revealing is that burgers, fried chicken and pizza are ordered the most, and about half of Americans consume soda every day.Know More
In 2013, Americans spent $117 billion at fast-food restaurants, such as McDonald's, Kentucky Fried Chicken and Pizza Hut.
Every day, at least 1 in 4 Americans eat some type of low-cost, high-speed cuisine with very little nutritional value. These habits have been linked to weight gain and poor health.Learn more about Financial Calculations
To calculate inventory turnover, divide the cost of goods sold by average inventory for the quarter or for the year. Use this information to determine if inventory turnover supports the number of quarterly or yearly sales. Rapid or slow inventory turnover may signal changes in demand or poor inventory management.Full Answer >
GDP, or gross domestic product, is a way to measure a country's economy by adding up the total amount of all services and goods produced within that country in a given year. GDP is used to help determine the health of an economy or to compare the economies of different countries.Full Answer >
Ordinary interest is interest based on a 360-day year; exact interest, which is sometimes referred to as simple interest, is usually based on a 365-day year, as noted by AllBusiness. When calculating the interest on a large sum of money, the difference between exact interest and ordinary or simple interest can be quite substantial; the ratio of ordinary to exact interest is 1:1.0139.Full Answer >
The annual business revenue is how much money a company generates in a year, whether from sales or interest from investment. Companies must keep up with annual revenue as it is a number used for tax purposes.Full Answer >