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Please calculate TSR for Quik Burger and Big steak Total shareholder return quik burger = Total shareholder return Big Steak = Balance Sheets (In Thousands)

Please calculate TSR for Quik Burger and Big steak

Total shareholder return quik burger =

Total shareholder return Big Steak =

Balance Sheets

(In Thousands)

Quik Burger

Big Steak

Assets

Cash

$2,000

$4,500

Accounts Receivable (net)

2,000

6,500

Inventory

2,000

5,000

Property, Plant, and Equipment (net)

20,000

35,000

Other Assets

4,000

5,000

Total Assets

$30,000

$56,000

Liabilities and Stockholders Equity

Accounts Payable

$2,500

3,000

Notes Payable

1,500

4,000

Bonds Payable

10,000

30,000

Common Stock ($1par value)

1,000

3,000

Paid-in Capital in Excess of Par Value

9,000

9,000

Retained Earnings

6,000

7,000

Total Liabilities and Stockholders Equity

$30,000

$56,000

Income Statements

(In Thousands)

Quik Burger

Big Steak

Sales

$53,000

$86,000

Cost of Goods Sold (including restaurant operating expense)

37,000

61,000

Gross Profit from Sales

$16,000

$25,000

General Operating Expenses

Selling Expenses

$7,000

$10,000

Administrative Expenses

4,000

5,000

Interest Expense

1,400

3,200

Income Tax Expense

1,800

3,400

Total Operating Expense

$14,200

$21,600

Net Income

$1,800

$3,400

In addition, dividends paid were $500,000 for Quik Burger and $600,000 for Big Steak; the market prices of the stock were $30 and $20, respectively; and the betas were 1.00 and 1.15.

Please calculate TSR for Quik Burger and Big steak

Total shareholder return quik burger =

Total shareholder return Big Steak =

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