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Papa s Pizza is the market leader and Pizza Prince is an up - and - coming player in the highly competitive delivery pizza business.
Papas Pizza is the market leader and Pizza Prince is an upandcoming player in the highly competitive delivery pizza business. The companies reported the following selected financial data $ in thousands:
Papas Pizza Pizza Prince
Net sales $ $
Net income
Total assets, beginning
Total assets, ending
Required:
Calculate the return on assets, profit margin, and asset turnover ratio for Papas Pizza.
Calculate the return on assets, profit margin, and asset turnover ratio for Pizza Prince.
a Which company has the more favorable profit margin?
b Which company has the more favorable asset turnover?
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