Go to moneycentral.msn.com and look up the information for Papa John’s. Then, Select Financial Results from the menu on the left, and then select Key Ratios.

a. Select Financial Condition from the list. Find the current ratio for Papa John’s and the industry. Who would find these ratios of primary interest? Identify the debt- to- equity ratio for Papa John’s and the industry. Is Papa John’s primarily financed by debt or equity? How can you tell?

b. Select Investment Returns from the list. Identify return on equity and return on assets for Papa John’s and the industry. What do these ratios measure?

c. Select Ten- Year Summary from the list. Review the information provided for return on equity and return on assets. What additional information is revealed about Papa John’s financial position? Is this information helpful?