the year, Denny’s had about $2,890,000 inventories on hand that decreased from $3,438,000 in year 2011. The reason why the inventories decreased was that Denny’s sold lots of its stores and licenses to franchise and third parties. They still need to provide or sell its inventories to those franchises, but reducing on stores cause them to reduce their inventory which is food and beverage in hand. As the same reason, the cost of goods sold of Denny’s decreased from $61,017,000 to$49,025,000 during 2012…
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