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Panera Bread Company (PNRA) operates over 2,000 bakery-cafe locations throughout the United States and Canada and serves over 9 million customers per week. Panera's

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Panera Bread Company (PNRA) operates over 2,000 bakery-cafe locations throughout the United States and Canada and serves over 9 million customers per week. Panera's operations are divided into the following segments: Company-Operated Bakery-Cafes Franchised Bakery-Cafes Fresh Dough and Other Products The Fresh Dough and Other Products segment supplies fresh dough, produce, tuna, and other products to the company-operated and franchised cafes. Recent data (in millions) for each of these segments are as follows: Revenues Operating income Invested assets Company-Operated Cafes Franchised Cafes Fresh Dough $2,434 $155 $408 398 150 28 943 18 87 a. Determine the profit margin for each segment. Round to one decimal place. Company-Operated Franchised Fresh Dough Profit margin % % % b. Determine the investment turnover for each segment. Round to two decimal places. Investment Turnover

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