Food Theory: McDonald's is NOT a Restaurant!
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- Опубліковано 4 лис 2020
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Theorists, what is McDonald's selling? The answer seems obvious - fast food! Most of us have partaken in their Big Mac burgers, fries, and other staples of the golden arches. Yet, that may be a big ol' LIE! That's right, Ronald McDonald may not be a clown selling some of our favorite indulgent quick serve foods. In fact, McDonald's may be in a completely different business all together. What is that business? You'll have to watch to find out!
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Credits:
Writers: Matthew Patrick, Zach Stewart, and Luke Barats
Editors: Pedro Freitas, Koen Verhagen, and Tyler Mascola
Assistant Editor: AlyssaBeCrazy
Sound Editor: Yosi Berman
#McDonalds #BigMac #FastFood #Resturant #Food #Recipe #Matpat #GameTheory #FilmTheory - Навчання та стиль
How is working at McDonald's like being an archaeologist in Athens?
You end up smelling like ancient grease.
Correct
I laughed way harder than I should have ! 😂😂😂
As a McDonalds Worker: I approve this message
You sir get +1 for that godly pun
Ooof
Use this quote somewhere: "McDonald's is a real estate company that rents out buildings and makes them sell burgers so they can pay the rent"
@@AFPinerosG u mean a frenchfries
McDonalds is a real estate company that rents out buildings and makes them sell burgers s they can pay the rent.
*You said use it somewhere. You never specified WHERE to use it.*
I’ll take random wacky bullshit for 500, Alex.
That doesn't actually sound that bad.
this video is just an explanation on how to be a better more successful buisness
The fact you owe your McSoul to McDonalds implies it's already theirs since it's got the Mc in front of it, and they've just been waiting to strike all this time. McDonalds is inevitable
Ever since you were born. That's why some people are afraid of clowns. They remember Ronald McDonald in the delivery room with their parents.
He's always McWatching. You can't escape Ronald. He will take your McSoul
yea man!!!!
That’s why they’ll never take ur actual soul. There’s no mc
@HighScoreGliscor HUUUGE MISSED OPPORTUNITY for a mcscaped pun
I'm an accountant and I'm GENUINELY surprised how accurate and well researched this is. Besides a few tiny mistakes here and there with semantics, you were spot on.
Good job
I can't finish the video, though cause it makes me feel like I'm doing my intermediate accounting class again lol. Giving me PTSD over here
What were the mistakes? Kinda curious
@@doocon1489 I don’t think there were many mistakes, just omissions. For example, he didn’t address loss carry forwarding in his amortization example. The whole video is just a bit oversimplified, which is fine considering the audience
He missed carryover losses in explaining 5 year amortization.
I'm a Retired financial advisor and I think it pretty great. Good for you on the accounting that made me want to drop those 400 level classes and just pay you.
SAAAAAAMEEEE
“I have to sell my _McSoul_ to the company?!?”
Me: “Well that seemed obvious”
Ba ba ba basatan
*McObvious
@@ardour7793 i told u it wasnt a rick roll
@@ardour7793 ba da bing ba da boom i took your son
Imma Mcsell your Mcsoul to McDonald's
next channel : Tax Theory!
I checked the is be
Yannel
@@phone8691 what?
maybe
No, CONSPIRACY THEORY 1:56 (put it at 0.25x speed to see it clearly)
The McDonald's brothers would be turning in their graves if they saw the 'efficiency' that's implemented in a modern McDonald's. Takes 20+ minutes to get your food 😂
And the quality is worse
How much food you ordering? I've never had to wait any more than 2 minutes
@@PokeMario-pk4ot
You must live in a lil town
20+ in our town it is 45+ your lucky
@@PokeMario-pk4ot once my mom got like 2 or 3 burgers and 40 nuggets and it took them like 30 min and they forgot us and gave our food to other people and forgot our fries and never gave us a receipt
So, what did you learn today?
That McDonald's is a real estate company.
What did it cost?
*_Learning Taxes._*
AND YOU LEARNED THE WRONG FACT!! IN FACT, YOU SHOUD BE LIKE THIS WHEN YOU WHATCH THIS EVER MORE: .
Mom: GET OUT OF YOUR ROOM AND GET A GIRLFRIEND
Me: SHUT UP MOM I'M LEARNING ECONOMICS
Heh
Ya dead son!
I'd classify it as Accounting
“YOU NEVER GET ME MOMM!!!”
it’s mum for me
and also why didn’t you choose something like “get a job or something” not “get a girlfriend”? makes more sense to me
Yeah and next you're gonna tell me that Panera isn't a bread like OK Matpat this is getting farfetched
yeah
omg ur da real!!11!!
hi
Next up on Food Theory: Is a Baguette a mammal?
Y u everywhere
I little bit, but I still enjoy it
Ive learned more about taxes in this episode then my 16 years of schooling 🤣
Yeah...
Aame
Same
there are things teachers cant teach you forced by the goverment so like yeah-
Hi lesbian
It feels unreal being able to consume these refined and select collections of knowledge you beautifully present to us, totally free of cost. Thank you so much Matpat and everyone else behind this, your generous souls will be blessed greatly!
When a theory teaches more than a school.
I had to learn this AFTER having a business for 3 years, I wish this was a video way sooner, it would have saved me a lot of tax research
I am learning taxes in school
Your life was wasted to a superior real estate restaurant. Think about that.
this guys researched for u
or hire a trustworthy person who's devoted their life to fucking the govt outta your money
but hey nothing is too late
Food theory:
Teaching you about taxes more than school ever could
School teaching taxes? HA
It's fun to see accounting being represented. It's just a shame the information was not correct.
I left a earlier comment about this but basically companies prefer using bonus depreciation (100% tax depreciation) for the first year to get the tax benefit sooner. Also, you CAN keep the tax benefits in years where depreciation is greater then income.
Me: Wants to learn what are taxes
School: This is what is inside a mitocondria
@@alonsans school: this is what Emily made after the kid from across town mowed six lawns and found eight friends
A math test but If you get it wrong you get arrested.
This is somewhat similar to how Little Caesars makes their money. They can afford to sell crappy pizza at a low price because they are really in the food distribution business.
If such a video doesn't already exist, I should love to see such a video on how Little Caesars works!
He did lightly talk about it in his pizza toppings video if you're interested
"I owe my soul to the company store...."
Saint Peter don't you call me, cause I can't go
“You load sixteen tons, what do you get?
Another day over and you’re deeper in debt”
Everyone's gangsta until Ireland decides they're also a bakery with that bread
What bread
How is this the featured comment 😂
Wow your funny
@@UnknownError839 I ask the same questions as you boo
What bread I only see cake
When MatPat watches “The Founder” and goes “yeah I can make a video about this”
OMG......
ua-cam.com/video/FSSFgWlDbJU/v-deo.html
@@heshamkaram5271 stop spamming bot
The founder?
Yep the founder lol
@@anti-terric1315 What’s that?
0:34 how have i never noticed that it's MatDonalds
I wanted to say, thank you so much for teaching us! I've watched your channels every once in a while since 2014, and it feels like home when I come back.
I really dig history and science, so this episode (and this channel) are really up my alley!
When a UA-cam channel that makes theories on food teaches you more about business than most schools
So fucking true
Yes
Facts
Bruh
School doesn't teach us how to survive in the real world
After that Illuminati joke, I’m convinced his next channel will be “Conspiracy Theory”
But that’s just a theory, a CONSPIRACY THEORY
Why'd you have to go and make things so complicated? I see the way you're acting like you're somebody else. Gets me frustrated. Just admit that you love the videos I make, my dear kai
I like your name
@@AxxLAfriku wait, what?
@@AxxLAfriku big brain
@@martinuz64 - they're quoting Avril Lavigne's "Complicated". Also, there's a conspiracy that she's been replaced.
Very informative. Thank you, Matt. Wish rich companies didn't have these sort of bs tax loopholes when individual people trying to make ends meet have no access to this kind of thing.
8:50
ignore this
McDonald’s is a landlord?
“You’ll get your rent when you fix this goddamn ice cream machine!!!”
Aah a man of quality
I WANT MY ICECREAM MCDONALDS
The funny thing is the ice cream machine isn't usually broken. It's just a lazy lie so they don't have to explain that it shuts down at a certain time every day to clean itself
@@AceoftheVoid true LOL
>The Burger King flying behind
“Im still here, McPeter!”
McDonald: not a restaurant
me: how many other lies have I been told by the council?
This deserves more likes
yes i agree
i am an 8 year old kid!!!
Yeah coolbeans
Dreams irl skin isn’t green
we need a full video of only food theory intros
they just get me every time 😂
Oh my GAWD, he sang Flight Of The Conchord’s “Business Time!” I’m so happyyyyyyyyyy!!
Food theory: McDonald's is not a restaurant.
Me: *no it's a hotel*
OMG...........
ua-cam.com/video/FSSFgWlDbJU/v-deo.html
yup same i sleep in a car using the mcdonald's wifi
Omg !! ua-cam.com/video/oiBAR8vaAHk/v-deo.html
Game Theory: Making games more interesting
Film Theory: Adding More Lore
Food theory: questioning my sanity
And making you hungry
Hell9
@@littlevirus3562 Accurate
I'm glad to have known the crazy fact about McDonalds being more of a real estate company than a restaurant a couple of years back because of the film 'The Founder'. And yes, it is a really good film! I actually watch it at least twice a year just because of how good the story and performances are. 😀
Omg love the flight of the conchords reference. Like the crossover i didn't know i needed!
Finance grad here, this simple accounting explanation was done better and more interesting than my day 1 accounting class. The example and explanation through depreciation and amortization are great and I just wished education was made more interesting like this. This is exactly why I love all the Game Theory channels.
Accounting grad here, I came looking for a comment like this!! Totally agree.
McDonald's is gonna be the FNAF of Food Theory. i'm calling it.
It shall be noted.
Yes!!!
First he has to get the CEO to start trolling him.
@@howwiee rlly bro
OMG...............
ua-cam.com/video/FSSFgWlDbJU/v-deo.html
I'm pretty sure businesses are allowed to carry losses forward for the purpose of taxes. In other words it wouldn't matter when you do the write off
Short answer: it depends. There's so much nuance to the tax code and tax planning that you really need to look at each situation individually.
There's something wrong with the world when a UA-cam video teaches you taxes better than 16 years of schooling. We obviously need to know how to do scientific things(assuming you're not a scientist) but not know any how to pay taxes or anything! Isn't that right schools? Yep!
Our entire system is outdated and needs a serious upgrade.
Yes. Our school system has been corrupted since around 1917, according to my research. It really is a shame.
Theory: the next theory channel will be: “Conspiracy Theory”
When matpat was talking about the illuminati, a purple theory sign with an eye popped out for a few frames.
I was looking for a comment like this
Same, think so too
It is not a clue for a new channel, it was a tiny joke, if there was a new channel it's theme would be blue
Yeah but in a gtlive he said that he could never do a conspiracy theory
Meh, this is just a mini theory. I did not really put much effort into it.
This taught me more about money, than my teachers ever had.
SAME
Ikr
Yeah even even I didn't understand the percentages.😅
Lol XD true
Facts tho
McDonalds is a restaurant in the same way that Chuck E. Cheese is a Family Entertainment Centre that contains a restaurant.
I’m kinda planning to be an accountant and I feel that this video saved me significant amounts of work in college.
I went for an interview at McDs once. The guy asked me “what is McDonald’s?” To which I replied “it’s a fast food chain of restaurants”.
He sighed at me, apparently the answer he wanted was “one of the top charitable donating companies worldwide.” Like how was I supposed to know that’s the answer he wanted?
Seriously?
They want you to go to their website and give them a regurgitated version of their about us page. 😉
Huh...
@@philiphunt-bull5817 mine wasn't that extreme, but yeah
I don’t know if they were more proud of the Ronald Mcdonald Foundation or how they shelter and feed homeless rats.
Here’s a food theory: What is the easiest way to win a hotdog contest? Like, an eating contest.
I would love to do that theory on the channel :) I don't want to do self promoting, but I make theories (about game and movies) and I am about to reach 200 subscribers :) I make theories about suggested game and movies :) I would mean the world to me if you subscribed to the channel :) Thanks :)
Actual competitive hotdog eaters dip the hotdog sausages in water and just gulp the whole things down. Apparently the goal is to shove down hotdogs so fast that before the body registers information about how full it is, it's gone way past the limits its supposed to have. Can't really digest that either, so after the competition they have to throw up all of the whole hotdogs to get them out of their systems.
Brothers Theory Productions I understand being a small creator, check me out I’m Finnimation Studios!
ua-cam.com/video/LmtbkmapCKs/v-deo.html RIP Manny MUA ,he died this morning ,so sad :(
@@BrotherTheory if you don't want to self promote, don't...
Thanks for uploading at my birthday 🎂
Depreciation is a method of expensing tangible assets (usually called fixed assets) over time, such as computers, equipment, furniture, buildings, etc. Land is not depreciated because it retains its value on average. Amortization is expensing intangible assets over time, such as organizational costs, copyrights, software, etc. Some people add software to the fixed assets, but they really should be intangible assets.
"Welcome do McDonalds, may I take your McOrder"
"hey you don't have to say Mc before every word okay?"
"Okay boss, excuse me sir,
welcome to Donalds"
Well about 40% of Americans would prefer that name.
@@Cyril29a good one XD
They should put McDonald’s in Antarctica because the penguins need mc flurrys
Well actually in other branch including us, we do not really prefer to say, "Welcome to McDonald's" because you know, you're already in the McDonald's why would the crew need to tell you that?
@@illgorhythm I worked in one and we didn't say it either, we had to be fast so just straight up ask what they want
Matt pat you're the only person that makes talking about businesses interesting. You would make a great teacher.
Imagine how high all those grades would be if he was.
@@rosystrawberrywe'd all be geniuses! Nerds / geeks rule the world! 😀 🎆🎊🎉🥇🥇🥇🥇🥇
True he could be a great teacher
Company man is also a good channel.
Bold of you to assume he isn’t already teaching me stuff i never thought id want to know
I've learned so much about real estate, you are amazing and so informative!
Very informative and good presentation. Have you done a video on how McDonald's corporate screws their franchises by requiring them to use Taylor machinery ?
New Food Theory: How much soda and mentos do you have to use to make a functional jetpack
*_YES._*
They dont need to make a whole video about it it's just not gonna be long and intresting
Yes >:)
@@nainnani7620 i just thought that it would be interesting to talk about. I mean, he went into how many chicken nuggets you might need to survive a fall.(even if it wasnt possible)
Absolutely.
“Are you a restaurant or a real estate firm?
Mcdonalds: I’m playing both sides, so that i always come out on top
Me being bi: y e s
@@sekoseko5539 look we got a spammer here get em
@@starfireseraphim9696 this is fucking genius
9:00 Actually, businesses can carry over losses to future years. So on year 2, they get to deduct the remaining $50,000 loss from year 1, leaving them with $0 in taxes in year 2 too. In fact, amortization is almost always NOT the way to go due to opportunity costs, so accountants usually deduct expenses right away in a lump sum whenever possible.
I don't think in his scenario he counted for opportunity costs, he basically assumed the future there.
No fast food joint is a restaurant, they are low-key food distribution centers, the customers that go there take the food and go, the front lobby where the tables are is a cafeteria/mess hall for workers when they're on a lunch break.
....
"I owe my MCSOUL to the company?!"
That settles it. McDonald's is a cult.
Next theory ???
A cult I will join gladly
A McCult
McBlood for the McBlood God
@@lilynicholson7141 y e s
7:27 "Land doesn't expire or deteriorate"
Louisiana: Let me introduce myself.
Haha
We watched this episode in class and I could not be happier!! 😭😭
When you said that business Time song I instantly knew what it was from I didn’t know people actually knew that was a song
I love how instead of calling us "guys" like most UA-camrs, he calls us "friends."
OMG..............
ua-cam.com/video/FSSFgWlDbJU/v-deo.html
Who would’ve guessed that calling someone a friend sounds friendlier
And it's gender neutral!
@@heshamkaram5271 ok bro
Basic psychology and marketing tactic. I'm surprised you thought it was subtle e.e
"Like when you realize that the Illuminati is actually real." >purple theory symbol flashes in background<
We need a purple conspiracy theory channel.
LIFE THEORY
Or you could say...
a "conspirthy" channel. ; )
@DINKLE BERG it works so well
I just saw 69 likes and I blinked and it changed to 77
(Ps. Noice)
@@maddogerios This pops up as a notification for me, I check, and see that it's gone up twenty since you posted that. It's amazing how popular the idea of a conspiracy theory channel is. Take a hint, MatPat.
I worked at McDonald's 12 years ago in Knoxville, TN and it was actually a very good place. Although I only get started out at $7.25 and ended at $8.50 an hour. But I've ate and been to so many messed up McDonald's in my life. I was at one that a person got stabbed at, many fights broke out on a lot of them, some of them were dirty, etc.
Isn't Revenue money the same as Gross Income?
i love food theory!!! they should make a channel like this but about video games.
Game Theory: am I a joke to u
"Where'd you learn how to do taxes?"
a UA-cam video about mcdonalds
"I don't pay taxes"
Stop the cap
@@SuperPope69 “me neither brother”
@@unknownyeet169 keshush mando'ade. Warriors stand strong together against tyranny.
@@SuperPope69 me y
"Put on your business socks"
Jokes on you I went to school for finance. I own a drawer full of business socks!
OMG......
ua-cam.com/video/FSSFgWlDbJU/v-deo.html
@@heshamkaram5271 please stop SPAMMING •__•
"I am 4 parallel universes ahead of you!"
To powerful...👁👄👁
ShadowKing 7890 I reported it
I love The Founder. Watched it almost as soon as it was released, and since then have watched it probably 20 times.
I love it how mat literally explains how accounting works in this system as a business college student I can approve to his explanation
This is teaching me more about finances than school at the moment and I love it.
School never reached anything financially useful.
I mean. I'm Mexican, so our experience might be different, but I suspect most of the world is suffering a similar situation. After all the complaint is the same across several countries and generations X to Z (Whose oldest members were born in 2000). I'm sure the 2010s kids will have the same complaint soon.
I was actually going to comment this so you beat me to it
economics in sophomore year, or macro and micro is what you got man
U missed the chance to say "I'm Mcloving it"
Yeah, poor financial education goals in schools is why everyone thinks Amazon legitimately pays $0 in taxes.
"I'm working at a multi-billion dollar company that deals with real eastate"
"So you're an real estate agent?"
"No I flip burgers at McDonald's"
Technically restaurants themselves are "owned" by "independent" contractor. So you actually don't work for McDonald, just in McDonald restaurant. Also it isn't a theory. McDonald officially is a real estate company.
@@TheRezro what if the person works at one of those restaurants managed/owned by McDonald's themselfs?
that why the guy kick the partner out as soon as possible when he can made money off the rent..
WRYYYYYYYYYYY
@@vali69 They don't do that.
Thanks to the depreciation portion of the video, it actually helped me out when filling out my taxes this year, thank you Team Food Theorists
I LOVE how this channel in general (specifically the values of the pizza, chips and soda vodeos) teaches you stuff you actually use in life **cough poetry cough**
they teach you poetry and make you analyze it so you learn critical thinking skills
I think mat should make a school for teaching us this more then real teachers do 😂
YESSSSS
Yea but he think of a theory and we help him solve it
Maybe that is the problem of your educational system.
Agreed
If you're learning more from a UA-cam video, then your educational system needs to change.
Never thought I’d encounter the word “amortize” outside of work. Our company is sometimes asked to amortize expedite fees by working the cost into the unit price of their order, saving them the hassle of issuing a new purchase order.
I know i’m seeing this video a little late but I think when matpat was calculating the tax for “burger bot 2000” he made a small discrepancy that actually means they are the same amount of tax. When he was calculating it for the second year with no depreciation it went from -50,000 from the first year to +50,000 even though in the second year you only made 50,000 when it should have leveled out to zero with this you would takeoff 10,500 of the total making it equal to the amount you would make from separating the costs.
Love the theories keep it up.
This video has actually helped me so much with my finance unit at school. Thanks, Matt Pat!
So, the question is: "Why do franchisees agree to these terms so frequently?"
Well, running a restaurant is very difficult, and the vast majority run on slim to no margins. Brand name alone helps to improve your chances. But also McDonald's does a large part of the work for you. At least as far as planning goes.
You get to run your business in an area the franchise has deemed optimal...and they probably know more about that than you do, considering collective experience. You are also given your menus, which means you know what you are going to make, and how you should make them. This standardization also helps to get customers, due to them knowing what they can get, regardless of the McDonald's.
Being a Franchisee is basically the entry level job of starting a business. It shows you the ropes, and guides you through many of your responsibilities.
_ j
Lf
@Lord Waluigi I wish you the best of luck.
This is very well stated! I love it!
There's also a bit of a fail-safe in that if your franchise location is unsuccessful for one reason or another, the franchiser will get you closed down and sold back before you're knee deep in debt. Or if, god forbid, some mob decides to burn down your Wendy's, you'll probably have the building insured through the franchiser.
I imagine they will also take care of logistics stuff as well; like ordering ingredients and stuff ??
McDonald's: Puts Mc in front of everything they own.
Batman: Finally a worthy opponent!
It took me 30 minutes to understand this comment.
Batmobile, batcave, batsuit, what else...
@@L16htW4rr10r - Batwayne Manor, Batalfred... Batbat and ball?
lmaoooo
@@L16htW4rr10r batpod,batterang,batwing.
Brooo this is wild, also fr thank you for making business make sense
In Portugal the icecream machine isn, t always broken
"I think MatPat had too much fast food and all the salt dried his brain". People say this theory is far fetched....but be honest, what MatPat theory ISN'T farfetched? Isn't that one of the reasons why we like them?
Yep
But this one isnt farfetched, its simply a fact. If their earnings from real estate exceed their food earnings then they are absolutely primarily a real estate agency regardless of how they want the public sphere to recognize them.
Isn't it kinda crazy how this 15 minute video taught us more about accounting and business than school will ever teach you
Bruh just take business or financial math, you learn quite a bit
well, school teaches you basic stuff, this is why specific schools exist for want you want to pursue. Like business school and law school
You get used to learning more from UA-cam than school if you watch Matpat's channels enough.
Well its because just like Advanced math,accounting and business isnt needed in real lif-- wait.
Unless you take an accounting course
i really actually love these food theory videos
Johnny Harris has a video on why the McDonalds ice cream machines are always broken, and it has a lot to do with the fact that these stores are individual franchises. Would love to see MatPat's take on it.
I know it's a bit obvious but: "It's free real estate"
You mean: "It's free real Mcstate"
Oh my god
MCflurrious was so bad it’s good
Mcit's mcfree mcreal mcstate
@@cheese8658 lol
This was recommended to me just after I got McDonald’s. I’m not sure how-
location history if you have a phone
UA-cam is stalking you lol
GOOGLE IS ALWAYS WATCHING
your likes are now 111, you're welcome uwu
The algorithm knows - it's always watching. Beware.
I loved the video! I believe that all franchisees in the U.K. pay a percentage of sales. The rent is factored into this and not charged separately. Drive-Thru are charged a higher percentage.
Why is it that MatPat's food theories don't make me hungry for food after I finished watching them-
they make me full
and now I don't want breakfast
This channel is truly magical. I just watched a 15 minute video about big corporations doing taxes, and I was entertained the whole way through. This community is incredible.
Game Theory: McDonalds isn’t real
Matpat: pretty sure it is
Lol
At 5:40
The rate at which McDonalds are opened was listed, but what is the rate at which they close?
I WATCHED THE FOUNDER ITS AWSOME OMG I’m just so happy it’s just soooo miccing good (the miccing is fricking)lol
Teacher: "What is the meaning of theory?"
Me: *Mat Pat*
I said that in my Science class and my teacher was confused AF XD
Me: FOOD THEORY
Bruh
@@gavinbargo2091 yes
Savage
When I apply to McDonalds, I’m putting, “Watched this episode of Food Theory” on my resumé.
Absolute Madlad
In this episode of absolute mad lads, Marshall Hester..... the butcher of resumes.
what will they do??? either not hire you or hire you
2:58 it's so funny because this is the second time that a flight of The Concord reference has come up in a UA-cam video I've been watching of business time
Wow that is actually a thing in a game called Burger Shack or shop I don’t remember I used to play it like 3 years ago!
If you watched "The Founder" you saw this coming.
Im 20 seconds into the video, thats what im thinking this is gonna be about
@@coreyantonacci9620 exactly
Hello everyone , hope you are having a great day
Here’s your chance to for fill a random act of kindness
I’ve been streaming daily and uploading extremely often on an attempt to try and get 1k subscribers
I’m struggling quite hard right now and any support is appreciated , and I understand people hate comments like this but I need some support😉
FINALLY!!! I've been waiting ALL WEEK!!!
Yes
Don’t you mean McWeek?
Good job wolf_gaming
Patience Iago... PATIENCE!
Its 3:00 AM here and still watching this
i was doing some homework while hearing this video and i just realized im learning more from this video than from my homework
I was not expecting this video to be a video about accounting. Me being an accounting love this 😂
McDonalds: Oh the food, that's just my side piece.
I like some of the stuff they have there, but even I'll question if it's actually food. Not everything that tastes good is food. (I am not going to be more specific.)
And their biggest money maker is…soda pop.
@@LadyOnikara So you have a problem with my food?
@@ronaldmcdonald7843 Nah, I was talking about a Happy Meal toy I got last summer. Tasted good, but not food.
@@LadyOnikara Kid you aren't supposed to eat the toy. You know what nevermind.
Everyone: Matpat is my teacher
Matpat: today we will talk about tax avoidance
Lol if he really was a teacher you know he’d be fired on his 1st day lol
Tax evasion is a crime, what they are doing is 100% legal. However imo bonuses should come after the company being taxed, not before, esp higher ups.
It's tax avoidance, not evasion. It's legal.
@@starfireseraphim9696 thats not political
@@michelleellison6284 There is something called TAX EVASION which IS ILLEGAL
Thank you MatPat for the business lessons I appreciate it
3:00 flight of the concords - Buisness time?
I’m from New Zealand so if it actually is that would be so cool