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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
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 | $ | 25,528 | $ | 3,235 | ||||
Net income | 3,623 | 269 | ||||||
Total assets, beginning | 16,398 | 1,059 | ||||||
Total assets, ending | 16,865 | 2,557 | ||||||
1. Calculate the return on assets, profit margin, and asset turnover ratio for Papas Pizza. (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).)
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