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Popeye's Chicken and KFC both have sales of $2.5 million each other financial information is as follows: Firm KFC EBIT Popeye's $350,000 $350,000 nterest Expense

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Popeye's Chicken and KFC both have sales of $2.5 million each other financial information is as follows: Firm KFC EBIT Popeye's $350,000 $350,000 nterest Expense 6% 10% Income Tax 60,000 Debt 45,000 850,000 500,000 Equity 700,000 350.000 a) What the net profit margins for the two companies? b) What is the return on the owner's investment in each case? Explain why the two returns differ

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