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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 up-and-coming player in the highly competitive delivery pizza business. The companies reported the following selected financial data ($ in thousands):
Papas Pizza Pizza Prince
Net sales $25,628 $3,335
Net income 3,723279
Total assets, beginning 16,4981,069
Total assets, ending 16,9652,657
Required:
1. Calculate the return on assets, profit margin, and asset turnover ratio for Papas Pizza.
2. Calculate the return on assets, profit margin, and asset turnover ratio for Pizza Prince.
3-a. Which company has the more favorable profit margin?
3-b. Which company has the more favorable asset turnover?

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