Compute the asset turnover and net profit margin ratios for

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Papa John's is one of the fastest-growing pizza delivery and carry-out restaurant chains in the country. Presented here are selected income statement and balance sheet amounts (in millions).


2010 2009
Total Revenues $ 1,276   $ 1,229  
Net Income
72  
107  
Total Assets, beginning of year
614  
606
Total Assets, end of year
536  
614

Compute the asset turnover and net profit margin ratios for 2010 and 2009. (Round "Asset Turnover Ratio" to 2 decimal places and "Net Profit Margin Ratio" to 1 decimal place.)

2.

Would analysts more likely increase or decrease their estimates of stock value on the basis of these changes?





Increase

Decrease

Reference no: EM13587831

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