How is working at McDonald's like being an archaeologist in Athens? You end up smelling like ancient grease.

@humm3753

3 жыл бұрын

Correct

@somefilmguy24

3 жыл бұрын

I laughed way harder than I should have ! 😂😂😂

@endercreepdrago2200

3 жыл бұрын

As a McDonalds Worker: I approve this message

@ravenhunter1355

3 жыл бұрын

You sir get +1 for that godly pun

@yummybeeftaco

3 жыл бұрын

Ooof

Yeah and next you're gonna tell me that Panera isn't a bread like OK Matpat this is getting farfetched

@vcq9757

3 жыл бұрын

yeah

@BigNoobieNo

3 жыл бұрын

omg ur da real!!11!! hi

@theuniverse5311

3 жыл бұрын

Next up on Food Theory: Is a Baguette a mammal?

@mohammadtahir4410

3 жыл бұрын

Y u everywhere

@exists8238

3 жыл бұрын

I little bit, but I still enjoy it

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

@doocon1489

Жыл бұрын

What were the mistakes? Kinda curious

@dirtymike3329

Жыл бұрын

@@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

@ken12117

Жыл бұрын

He missed carryover losses in explaining 5 year amortization.

@franklinwhite-gl2cc

Жыл бұрын

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.

@tasos01

3 ай бұрын

SAAAAAAMEEEE

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

@LadyOnikara

2 жыл бұрын

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.

@Flightkitten

2 жыл бұрын

He's always McWatching. You can't escape Ronald. He will take your McSoul

@walterreinke7217

2 жыл бұрын

yea man!!!!

@MarioMastr

2 жыл бұрын

That’s why they’ll never take ur actual soul. There’s no mc

@MarioMastr

2 жыл бұрын

@HighScoreGliscor HUUUGE MISSED OPPORTUNITY for a mcscaped pun

Food theory: Teaching you about taxes more than school ever could

@donnysoal9748

3 жыл бұрын

School teaching taxes? HA

@taringator

3 жыл бұрын

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.

@alonsans

3 жыл бұрын

Me: Wants to learn what are taxes School: This is what is inside a mitocondria

@daniodino8243

3 жыл бұрын

@@alonsans school: this is what Emily made after the kid from across town mowed six lawns and found eight friends

@AmericanIdiot7659

3 жыл бұрын

A math test but If you get it wrong you get arrested.

next channel : Tax Theory!

@phone8691

3 жыл бұрын

I checked the is be

@phone8691

3 жыл бұрын

Yannel

@VojinLolic

3 жыл бұрын

@@phone8691 what?

@losingweightisfun9908

3 жыл бұрын

maybe

@tacocats2244

3 жыл бұрын

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 😂

@americanrroyalty

2 жыл бұрын

And the quality is worse

@PokeMario-pk4ot

2 жыл бұрын

How much food you ordering? I've never had to wait any more than 2 minutes

@wettaloca2923

2 жыл бұрын

@@PokeMario-pk4ot You must live in a lil town

@Notmee2309

2 жыл бұрын

20+ in our town it is 45+ your lucky

@madhatter5698

2 жыл бұрын

@@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._*

@erenyhennawy4779

Жыл бұрын

AND YOU LEARNED THE WRONG FACT!! IN FACT, YOU SHOUD BE LIKE THIS WHEN YOU WHATCH THIS EVER MORE: .

After that Illuminati joke, I’m convinced his next channel will be “Conspiracy Theory” But that’s just a theory, a CONSPIRACY THEORY

@AxxLAfriku

3 жыл бұрын

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

@apacheduane8998

3 жыл бұрын

I like your name

@martinuz64

3 жыл бұрын

@@AxxLAfriku wait, what?

@prussr1885

3 жыл бұрын

@@AxxLAfriku big brain

@itsthevoiceman

3 жыл бұрын

@@martinuz64 - they're quoting Avril Lavigne's "Complicated". Also, there's a conspiracy that she's been replaced.

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"

@coolcatcastle8

3 жыл бұрын

@@AFPinerosG u mean a frenchfries

@thelazygamer2195

3 жыл бұрын

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.*

@joemullarkey5719

3 жыл бұрын

I’ll take random wacky bullshit for 500, Alex.

@alastorlapid2365

3 жыл бұрын

That doesn't actually sound that bad.

@cupajoe3655

3 жыл бұрын

this video is just an explanation on how to be a better more successful buisness

Ive learned more about taxes in this episode then my 16 years of schooling 🤣

@Liliana_the_ghost_cat

3 жыл бұрын

Yeah...

@meanimations5782

2 жыл бұрын

Aame

@gabbzgamez1442

2 жыл бұрын

Same

@Joe-xx7nd

2 жыл бұрын

there are things teachers cant teach you forced by the goverment so like yeah-

@jelly_is_thicc4872

2 жыл бұрын

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!

“I have to sell my _McSoul_ to the company?!?” Me: “Well that seemed obvious”

@bradengoertzen4259

3 жыл бұрын

Ba ba ba basatan

@oskrm

3 жыл бұрын

*McObvious

@prodgodmaderayy

3 жыл бұрын

@@ardour7793 i told u it wasnt a rick roll

@tobiassoriano9788

3 жыл бұрын

@@ardour7793 ba da bing ba da boom i took your son

@flaretheartist

3 жыл бұрын

Imma Mcsell your Mcsoul to McDonald's

Mom: GET OUT OF YOUR ROOM AND GET A GIRLFRIEND Me: SHUT UP MOM I'M LEARNING ECONOMICS

@levi_hackerman

3 жыл бұрын

Heh

@sillyom7071

3 жыл бұрын

Ya dead son!

@freakcan

3 жыл бұрын

I'd classify it as Accounting

@rayd604

3 жыл бұрын

“YOU NEVER GET ME MOMM!!!”

@TYsdrawkcaB

3 жыл бұрын

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

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!

@MmMm-mr6tf

Жыл бұрын

He did lightly talk about it in his pizza toppings video if you're interested

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 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

@autivivishow2951

3 жыл бұрын

I am learning taxes in school

@shor6y810

3 жыл бұрын

Your life was wasted to a superior real estate restaurant. Think about that.

@reneaceballo

3 жыл бұрын

this guys researched for u

@rickfordmorningstar130

3 жыл бұрын

or hire a trustworthy person who's devoted their life to fucking the govt outta your money

@GPM3

3 жыл бұрын

but hey nothing is too late

Everyone's gangsta until Ireland decides they're also a bakery with that bread

@ericluo520

3 жыл бұрын

What bread

@UnknownError839

3 жыл бұрын

How is this the featured comment 😂

@yesatitsfinest

3 жыл бұрын

Wow your funny

@Moonstar79

3 жыл бұрын

@@UnknownError839 I ask the same questions as you boo

@acringybananaman3829

3 жыл бұрын

What bread I only see cake

"I owe my soul to the company store...."

@mentaya11

2 жыл бұрын

Saint Peter don't you call me, cause I can't go

@dustycocoa7388

2 жыл бұрын

“You load sixteen tons, what do you get? Another day over and you’re deeper in debt”

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.

This is teaching me more about finances than school at the moment and I love it.

@SergioLeonardoCornejo

3 жыл бұрын

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.

@tyissticks

3 жыл бұрын

I was actually going to comment this so you beat me to it

@matthewoliver6629

3 жыл бұрын

economics in sophomore year, or macro and micro is what you got man

@crispy.potato.4054

3 жыл бұрын

U missed the chance to say "I'm Mcloving it"

@grimmy24

3 жыл бұрын

Yeah, poor financial education goals in schools is why everyone thinks Amazon legitimately pays $0 in taxes.

When a KZread channel that makes theories on food teaches you more about business than most schools

@hamburger3453

3 жыл бұрын

So fucking true

@noobpoob3889

3 жыл бұрын

Yes

@unknownmystery2958

3 жыл бұрын

Facts

@fionnrush6594

3 жыл бұрын

Bruh

@clanglois781

3 жыл бұрын

School doesn't teach us how to survive in the real world

we need a full video of only food theory intros they just get me every time 😂

0:34 how have i never noticed that it's MatDonalds

McDonald's: Puts Mc in front of everything they own. Batman: Finally a worthy opponent!

@Director_Oompaloompa

3 жыл бұрын

It took me 30 minutes to understand this comment.

@L16htW4rr10r

3 жыл бұрын

Batmobile, batcave, batsuit, what else...

@rybones6671

3 жыл бұрын

@@L16htW4rr10r - Batwayne Manor, Batalfred... Batbat and ball?

@m.warthan

3 жыл бұрын

lmaoooo

@Director_Oompaloompa

3 жыл бұрын

@@L16htW4rr10r batpod,batterang,batwing.

.... "I owe my MCSOUL to the company?!" That settles it. McDonald's is a cult.

@exists8238

3 жыл бұрын

Next theory ???

@thinktoddlerbutaddissues1004

3 жыл бұрын

A cult I will join gladly

@barryallen2240

3 жыл бұрын

A McCult

@Cdog-vl3gk

3 жыл бұрын

McBlood for the McBlood God

@mixedlove217

3 жыл бұрын

@@lilynicholson7141 y e s

8:50 ignore this

There's something wrong with the world when a KZread 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!

@gabrieljordan8015

2 жыл бұрын

Our entire system is outdated and needs a serious upgrade.

@thecomposerchanginggames5250

2 жыл бұрын

Yes. Our school system has been corrupted since around 1917, according to my research. It really is a shame.

McDonald’s is a landlord? “You’ll get your rent when you fix this goddamn ice cream machine!!!”

@SOMEONE-pr8qp

3 жыл бұрын

Aah a man of quality

@MissMisa39

3 жыл бұрын

I WANT MY ICECREAM MCDONALDS

@AceoftheVoid

3 жыл бұрын

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

@theuniverse5311

3 жыл бұрын

@@AceoftheVoid true LOL

@twenty-fifth420

3 жыл бұрын

>The Burger King flying behind “Im still here, McPeter!”

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?

@philiphunt-bull5817

3 жыл бұрын

Seriously?

@Orinslayer

3 жыл бұрын

They want you to go to their website and give them a regurgitated version of their about us page. 😉

@shadeshift1268

3 жыл бұрын

Huh...

@cyrus6461

2 жыл бұрын

@@philiphunt-bull5817 mine wasn't that extreme, but yeah

@Daniel-jk6ve

2 жыл бұрын

I don’t know if they were more proud of the Ronald Mcdonald Foundation or how they shelter and feed homeless rats.

I've learned so much about real estate, you are amazing and so informative!

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. 😀

Game Theory: Making games more interesting Film Theory: Adding More Lore Food theory: questioning my sanity

@littlevirus3562

3 жыл бұрын

And making you hungry

@timepassllite9862

2 жыл бұрын

Hell9

@haleyhersh3850

Жыл бұрын

@@littlevirus3562 Accurate

McDonald: not a restaurant me: how many other lies have I been told by the council?

@Donttrustthatburger5144

3 жыл бұрын

This deserves more likes

@teresafowler1119

3 жыл бұрын

yes i agree

@teresafowler1119

3 жыл бұрын

i am an 8 year old kid!!!

@moriahlim7904

3 жыл бұрын

Yeah coolbeans

@bludr3w110

3 жыл бұрын

Dreams irl skin isn’t green

Omg love the flight of the conchords reference. Like the crossover i didn't know i needed!

I love The Founder. Watched it almost as soon as it was released, and since then have watched it probably 20 times.

Matt pat you're the only person that makes talking about businesses interesting. You would make a great teacher.

@rosystrawberry

3 жыл бұрын

Imagine how high all those grades would be if he was.

@Salena905

3 жыл бұрын

@@rosystrawberrywe'd all be geniuses! Nerds / geeks rule the world! 😀 🎆🎊🎉🥇🥇🥇🥇🥇

@renadelkimt.magbalon3168

3 жыл бұрын

True he could be a great teacher

@MrMhinson2

3 жыл бұрын

Company man is also a good channel.

@burridi

3 жыл бұрын

Bold of you to assume he isn’t already teaching me stuff i never thought id want to know

"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"

@Cyril29a

3 жыл бұрын

Well about 40% of Americans would prefer that name.

@paladincomics

3 жыл бұрын

@@Cyril29a good one XD

@noannbrigido8147

3 жыл бұрын

They should put McDonald’s in Antarctica because the penguins need mc flurrys

@illgorhythm

3 жыл бұрын

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?

@paladincomics

3 жыл бұрын

@@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

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.

Oh my GAWD, he sang Flight Of The Conchord’s “Business Time!” I’m so happyyyyyyyyyy!!

McDonald's is gonna be the FNAF of Food Theory. i'm calling it.

@Sovic91

3 жыл бұрын

It shall be noted.

@coffie_beaner

3 жыл бұрын

Yes!!!

@omnitroph1501

3 жыл бұрын

First he has to get the CEO to start trolling him.

@coffie_beaner

3 жыл бұрын

@@howwiee rlly bro

@heshamkaram5271

3 жыл бұрын

OMG............... kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

This taught me more about money, than my teachers ever had.

@sananathebanana6433

3 жыл бұрын

SAME

@quantumreptilecare1330

3 жыл бұрын

Ikr

@livywithane

3 жыл бұрын

Yeah even even I didn't understand the percentages.😅

@toast.warmer3137

3 жыл бұрын

Lol XD true

@AmAreThe

3 жыл бұрын

Facts tho

I love it how mat literally explains how accounting works in this system as a business college student I can approve to his explanation

McDonalds is a restaurant in the same way that Chuck E. Cheese is a Family Entertainment Centre that contains a restaurant.

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.

@catgamer267

3 жыл бұрын

I was looking for a comment like this

@Jaguarstudios8379

3 жыл бұрын

Same, think so too

@abdullahbazil7532

3 жыл бұрын

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

@saosp95

3 жыл бұрын

Yeah but in a gtlive he said that he could never do a conspiracy theory

@user-mh2bw4hu3o

3 жыл бұрын

Meh, this is just a mini theory. I did not really put much effort into it.

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.

@beccac4982

3 жыл бұрын

Accounting grad here, I came looking for a comment like this!! Totally agree.

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**

@themooreoable

10 ай бұрын

they teach you poetry and make you analyze it so you learn critical thinking skills

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 ?

"Where'd you learn how to do taxes?" a KZread video about mcdonalds

@SuperPope69

3 жыл бұрын

"I don't pay taxes"

@alexjaimes1441

3 жыл бұрын

Stop the cap

@unknownyeet169

3 жыл бұрын

@@SuperPope69 “me neither brother”

@SuperPope69

3 жыл бұрын

@@unknownyeet169 keshush mando'ade. Warriors stand strong together against tyranny.

@kimcollins1743

3 жыл бұрын

@@SuperPope69 me y

I love how instead of calling us "guys" like most KZreadrs, he calls us "friends."

@heshamkaram5271

3 жыл бұрын

OMG.............. kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

@salt407

3 жыл бұрын

Who would’ve guessed that calling someone a friend sounds friendlier

@benjamincooper358

3 жыл бұрын

And it's gender neutral!

@BlazinInfernape

3 жыл бұрын

@@heshamkaram5271 ok bro

@TheCPtutorales

3 жыл бұрын

Basic psychology and marketing tactic. I'm surprised you thought it was subtle e.e

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

Thanks for uploading at my birthday 🎂

When MatPat watches “The Founder” and goes “yeah I can make a video about this”

@heshamkaram5271

3 жыл бұрын

OMG...... kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

@danaiea

3 жыл бұрын

@@heshamkaram5271 stop spamming bot

@anthonydeltoro-

3 жыл бұрын

The founder?

@anti-terric1315

3 жыл бұрын

Yep the founder lol

@anthonydeltoro-

3 жыл бұрын

@@anti-terric1315 What’s that?

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.

@justinesedesky9638

3 жыл бұрын

_ j Lf

@SangoProductions213

3 жыл бұрын

@Lord Waluigi I wish you the best of luck.

@beakersgarage383

3 жыл бұрын

This is very well stated! I love it!

@LeoBeastmode

3 жыл бұрын

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.

@PY5RA

3 жыл бұрын

I imagine they will also take care of logistics stuff as well; like ordering ingredients and stuff ??

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

@kpdog123

3 жыл бұрын

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.

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.

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.

“Are you a restaurant or a real estate firm? Mcdonalds: I’m playing both sides, so that i always come out on top

@homedepot.

3 жыл бұрын

Me being bi: y e s

@danielortega6567

3 жыл бұрын

@@sekoseko5539 look we got a spammer here get em

@person3271

3 жыл бұрын

@@starfireseraphim9696 this is fucking genius

We watched this episode in class and I could not be happier!! 😭😭

Brooo this is wild, also fr thank you for making business make sense

"Put on your business socks" Jokes on you I went to school for finance. I own a drawer full of business socks!

@heshamkaram5271

3 жыл бұрын

OMG...... kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

@danaiea

3 жыл бұрын

@@heshamkaram5271 please stop SPAMMING •__•

@pizzadragon2699

3 жыл бұрын

"I am 4 parallel universes ahead of you!"

@alicethearticfox3520

3 жыл бұрын

To powerful...👁👄👁

@danaiea

3 жыл бұрын

ShadowKing 7890 I reported it

Food theory: McDonald's is not a restaurant. Me: *no it's a hotel*

@sekoseko5539

3 жыл бұрын

OMG........... kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

@lekekkkrkrop7212

3 жыл бұрын

yup same i sleep in a car using the mcdonald's wifi

@kaitenkarmluni903

3 жыл бұрын

Omg !! kzread.info/dash/bejne/oZ12o7RxpsSneM4.html

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.

@thecomposerchanginggames5250

2 жыл бұрын

I don't think in his scenario he counted for opportunity costs, he basically assumed the future there.

I’m kinda planning to be an accountant and I feel that this video saved me significant amounts of work in college.

"Like when you realize that the Illuminati is actually real." >purple theory symbol flashes in background We need a purple conspiracy theory channel.

@goodpotato24alt95

3 жыл бұрын

LIFE THEORY

@bennyboiart7781

3 жыл бұрын

Or you could say... a "conspirthy" channel. ; )

@grndragon7777777

3 жыл бұрын

@DINKLE BERG it works so well

@maddogerios

3 жыл бұрын

I just saw 69 likes and I blinked and it changed to 77 (Ps. Noice)

@davidryker9442

3 жыл бұрын

@@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'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"

@TheRezro

3 жыл бұрын

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.

@vali69

3 жыл бұрын

@@TheRezro what if the person works at one of those restaurants managed/owned by McDonald's themselfs?

@campkira

3 жыл бұрын

that why the guy kick the partner out as soon as possible when he can made money off the rent..

@theuniverse5311

3 жыл бұрын

WRYYYYYYYYYYY

@TheRezro

3 жыл бұрын

@@vali69 They don't do that.

i love how we got a 15 min long accounting lecture. I absolutely love it.

Thank you MatPat for the business lessons I appreciate it

7:27 "Land doesn't expire or deteriorate" Louisiana: Let me introduce myself.

@lilith_firehawk

3 жыл бұрын

Haha

New Food Theory: How much soda and mentos do you have to use to make a functional jetpack

@bluelfsuma

3 жыл бұрын

*_YES._*

@nainnani7620

3 жыл бұрын

They dont need to make a whole video about it it's just not gonna be long and intresting

@ineedsleep1682

3 жыл бұрын

Yes >:)

@djrios7483

3 жыл бұрын

@@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)

@majapapaya8981

3 жыл бұрын

Absolutely.

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.

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

I think mat should make a school for teaching us this more then real teachers do 😂

@ibethemango3192

3 жыл бұрын

YESSSSS

@noo6423

3 жыл бұрын

Yea but he think of a theory and we help him solve it

@Taffoman

3 жыл бұрын

Maybe that is the problem of your educational system.

@tyrj.williams5316

3 жыл бұрын

Agreed

@themonarch620

3 жыл бұрын

If you're learning more from a KZread video, then your educational system needs to change.

Here’s a food theory: What is the easiest way to win a hotdog contest? Like, an eating contest.

@BrotherTheory

3 жыл бұрын

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 :)

@joshuakim5240

3 жыл бұрын

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.

@5kwithoutanyvideos992

3 жыл бұрын

Brothers Theory Productions I understand being a small creator, check me out I’m Finnimation Studios!

@alaiaomanu6318

3 жыл бұрын

kzread.info/dash/bejne/fqGoxM2mkdOpe9Y.html RIP Manny MUA ,he died this morning ,so sad :(

@jancoxdd

3 жыл бұрын

@@BrotherTheory if you don't want to self promote, don't...

You must have read Rich Dad, Poor Dad, by Robert Kiyosaki. In the book, he talks about Ray Kroc addressing an MBA class graduate class, wherehe asks, "What business am I in?" A graduate responds, "The hamburger business!" Kroc then responds, "No, I'm in the real estate business." It's one of my favorite books, and it was like you took this right out of it 😂👌🏻 10/10

This video has actually helped me so much with my finance unit at school. Thanks, Matt Pat!

FINALLY!!! I've been waiting ALL WEEK!!!

@vcq9757

3 жыл бұрын

Yes

@PansyPops

3 жыл бұрын

Don’t you mean McWeek?

@Osmium78

3 жыл бұрын

Good job wolf_gaming

@gonkdroidincarnate4237

3 жыл бұрын

Patience Iago... PATIENCE!

@markcinco2270

3 жыл бұрын

Its 3:00 AM here and still watching this

I know it's a bit obvious but: "It's free real estate"

@cheese8658

3 жыл бұрын

You mean: "It's free real Mcstate"

@luckytom3052

3 жыл бұрын

Oh my god

@skylaraples6617

3 жыл бұрын

MCflurrious was so bad it’s good

@mihaitirlea2509

3 жыл бұрын

Mcit's mcfree mcreal mcstate

@therustyscupper4440

3 жыл бұрын

@@cheese8658 lol

i love food theory!!! they should make a channel like this but about video games.

@sonicrunning2007

11 ай бұрын

Game Theory: am I a joke to u

I was not expecting this video to be a video about accounting. Me being an accounting love this 😂

As an accountant, this episode brings me joy because it helps many people understand basic accounting functions with topical examples. Excellent job!

@BrotherTheory

3 жыл бұрын

I completly agree with you, Quinn :) I make theories myself and I appreciate it that MatPat explains the functions to everyone :)

@Sturmpd

3 жыл бұрын

“Well your a nerd!”

@heshamkaram5271

3 жыл бұрын

OMG............... kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

@themanwithallthewrongopini3551

3 жыл бұрын

@@heshamkaram5271 no

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.

I enjoyed the video, and this video was done well. In the Burger Bot 2000 example, the information presented is incorrect. The IRS does allow accelerated tax write-offs, but they are limited in certain instances. Without going into too much detail, let's say you have the loss shown for the first year. If you have a $50,000 net loss, you would typically be able to carry this loss into future years. In year 2, you would have $0 taxable income, so years 1 and 2 would require $0 tax. In years 3 through 5, using the 21% tax rate, you would pay $10,500 per year for 3 years, or $31,500 in total. Spreading it out gives you the same amount of overall tax. The benefit of spreading depreciation out over time is because of the way tax brackets work. If you pay 10% on the first $10,000 and 21% on the rest (this is just as an example), you'd want to spread the amounts out because you remove taxable income on the highest tax rates. In this case, you'd save $4,200 by depreciating the asset over 5 years. Nerd rant over.

Hard Rock Cafe uses this principal (if you don't know what Hard Rock Cafe is its a European restaurant chain) (PS: You should definitely try it if you have a chance) (PSS: Try their Messi Burger it is awesome)

Dude, I have learned more about business and real estate than my business academy has taught me. A LITERAL ACADEMY, MADE TO TEACH BUSINESS.

@RZDraws

3 жыл бұрын

Same I've literally learned more about business from these videos during these months than from my university for the past 3 years

@declancheong8836

3 жыл бұрын

@@RZDraws it was because academies and schools and stuff were made in the Industrial Age to produce obedient workers,and fsr it hasn’t changed for 200 years

@supertron6039

3 жыл бұрын

Still can't get over his Coffee video. It's such a cool in-depth analysis. Man, I love this channel.

@enderpearl8281

3 жыл бұрын

lol true

@shubhamagrawal8259

3 жыл бұрын

Food Theory is wrong by that i mean their calculation for taxes are wron. Even if you make loss in year 1 you can claim that loss in next year to set off your profits i.e. if you make 50,000$ at the end of year 1 it will be setteled with the earnings from Year 2 which is again 50,000$ so at the end of year 2 you will show IRS that you have not made any profit so you are not laible to pay any taxes in 2nd year also but from 3rd year there are no losses and so you have to pay taxes which will end up $31,500 even without depreciation. The real reason is not that they will save taxes but is something known as "Discounted CashFlow". DCF is why any business shows Depriciation rather than claming all costs at year 1.

"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?

@cipherwolfieowo7714

3 жыл бұрын

Yep

@annastclair5898

3 жыл бұрын

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.

i really actually love these food theory videos

The Founder: Part 2 -- Follow the Money. Very informative!

Isn't it kinda crazy how this 15 minute video taught us more about accounting and business than school will ever teach you

@yungchang4124

3 жыл бұрын

Bruh just take business or financial math, you learn quite a bit

@bo2doki811

3 жыл бұрын

well, school teaches you basic stuff, this is why specific schools exist for want you want to pursue. Like business school and law school

@Rainfire-forgets-to-animate

3 жыл бұрын

You get used to learning more from KZread than school if you watch Matpat's channels enough.

@zedantXiang

3 жыл бұрын

Well its because just like Advanced math,accounting and business isnt needed in real lif-- wait.

@akoiya6300

3 жыл бұрын

Unless you take an accounting course

Everyone: Matpat is my teacher Matpat: today we will talk about tax avoidance

@thesilverprincess

3 жыл бұрын

Lol if he really was a teacher you know he’d be fired on his 1st day lol

@egg-roll8968

3 жыл бұрын

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.

@michelleellison6284

3 жыл бұрын

It's tax avoidance, not evasion. It's legal.

@rougn

3 жыл бұрын

@@starfireseraphim9696 thats not political

@davidsilva7376

3 жыл бұрын

@@michelleellison6284 There is something called TAX EVASION which IS ILLEGAL

I WATCHED THE FOUNDER ITS AWSOME OMG I’m just so happy it’s just soooo miccing good (the miccing is fricking)lol

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

Mat:“I know McDonalds! YOU know McDonalds!” Me: Wait for it… Mat: “OR DO WE?!” Me: THERE IT IS!

Mat pat: McDonald’s is NOT a restaurant Me: It’s a place where you get food Matpat: It’s a REAL ESTATE company Me: Yeah that’s what I said...

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.

Thank you for this video!

Matpat in 2069: soup is a noble gas But seriously give this man some love he makes some of the best videos in youtube today.

@youraveragetheatrenerd2833

3 жыл бұрын

2069 Nice

@-amosc.presley-7192

3 жыл бұрын

Absolutely???

@exists8238

3 жыл бұрын

@@youraveragetheatrenerd2833 very

@jeremytorres4268

3 жыл бұрын

Yeah

@heshamkaram5271

3 жыл бұрын

OMG........ kzread.info/dash/bejne/eIeHqMmQnKfIerg.html

You forgot another point of fact....you know how every few years, they "renovate" their stores? Yeah, they depreciate their buildings over a period of time and then they invest money into construction costs, which also reduces their cost basis and resets the close on the building depreciation. This is common....it's also a similar approach to how money launderers work. Pretty hilarious to me, rich people getting richer by doing the same things criminals do, but they don't get in trouble for it. :)

At 5:40 The rate at which McDonalds are opened was listed, but what is the rate at which they close?

Me before watching the video: Oh hey, matpat made another video, let's see what it is Me after watching the video: "says a lot about taxes". And that is how they make brownies really, this is the only business related thing I can watch without falling asleep