Grinding It Out Quiz | Eight Week Quiz F

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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 14.

Multiple Choice Questions

1. Ray Kroc was born and raised in:
(a) Miami, Florida.
(b) Oak Park, Illinois.
(c) New York City.
(d) Los Angeles, California.

2. What percent of gross sales did Kroc receive from the franchises?
(a) 1%
(b) 1.5%
(c) 2%
(d) 1.9%

3. What was Kroc's net worth in 1959?
(a) $250,000.
(b) $100,000.
(c) $90,000.
(d) $50,000.

4. Which state pioneered the drive-in food business?
(a) Texas.
(b) Florida.
(c) Illinois.
(d) California.

5. When McDonalds went public, what was the initial offering price of the stock?
(a) $35.
(b) $22.50.
(c) $18.
(d) $25.

Short Answer Questions

1. What price did the McDonald brothers demand?

2. A phrenologist's report on a four year old Ray Kroc predicted that he would:

3. What did Kroc envision after talking to the McDonald's?

4. What was June Martino's nickname?

5. What was the purpose of the Franchise Realty Corporation?

(see the answer key)

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