Students will simulate the role of a credit analyst in choosing whether or not to invest inPapa Johns Pizza. Students will utilize the Course Project Financial Analysis Exampleand the Papa Johns Annual Report to analyze the financial statements, calculatefinancial ratios, and decide if Papa Johns is a worth investment.Instructions:$1.$ Review the Papa Johns annual report$\mathrm{.}2.$ Use the Course Project Financial Analysis Example to analyze Papa Johns$\mathrm{.}3.$ Prepare a comprehensive report on your findings. This report should be writtenas if you were working for an investment client. Use of outside analysis orinformation should be fully cited. While students may use this information, theyshould justify why it was used and whether they concur with the findings$\mathrm{.}4.$ Your report should include:a$.$ A common size income statement.b$.$ A common size balance sheet.c$.$ Total asset turnover ratiod. Current ratioe. Cash ratiof. Debt to assets ratiog. Debt to equity ratioh. Times interest earned ratioi. Earnings per share ratioj. Price earnings ratiok. Profit margin ratiol. The Dupont Method$5.$ Students should discuss the value of the ratios compared to threshold values,and the meaning of each$\mathrm{.}6.$ Discussion of planned expansions, acquisitions, mergers, or product changesshould be discussed. This information may be obtained through the firms annualreports, news releases, or analyst opinions$\mathrm{.}7.$ Pertinent industry information that may affect Papa Johns$\mathrm{.}8.$ The report should conclude with an informed opinion regarding whether or notyou would recommend purchasing Papa Johns stock. Students should providesupport for their decisions$\mathrm{.}9.$ The financial analysis will be prepared in Excel and the Excel file should besubmitted for grading$\mathrm{.}10.$ The report should be prepared in PowerPoint, Prezi, Canva, or a similarapplication and submitted for grading.