In 500 words answer the following questions:
Locate the most recent 10K reports for Panera and one of its competitors on the U.S. Securities and Exchange Commission (SEC) website.
- Based on component percentage analysis and ratio analysis, what is your assessment of the profitability of Panera in the three most recent years?
- How does Paneraâ€™s profitability compare with one of its competitor (indicate the competitor that you used)?
Discuss your assessments of the two companies based on this analysis.