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The following selected financial data ($ in thousands) was reported by Salsa's Restaurant and Los Aztecos. Both restaurants hope to provide their customers with the

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The following selected financial data ($ in thousands) was reported by Salsa's Restaurant and Los Aztecos. Both restaurants hope to provide their customers with the best tasting burritos in their region. Salsa's focuses on high quality ingredients and Los Aztecos focuses on low cost. Net sales Net income Total assets, beginning Total assets, ending Salsa's $108,349 26,022 75,283 116,571 Los Aztecos $62,171 3,592 38,699 44,733 a. Which company has the higher profit margin? Salsa's Restaurant O Los Aztecos b. Which company has the higher asset turnover? Salsa's Restaurant O Los Aztecos c. Are the two ratios consistent with the primary business strategies of the two companies? Yes O No

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