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.)
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| 2. |
Would analysts more likely increase or decrease their estimates of stock value on the basis of these changes?
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