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b ine tolowing stormation apples to the questions displayed below A A Sati Station and Planes Sub reported the following selected Boandal data ($ in

b ine tolowing stormation apples to the questions displayed below A A Sati Station and Planes Sub reported the following selected Boandal data ($ in thousands, Sub Station's business strategy is to set the best lasing sandwich with the highest quality ingredients. Planet Sub's business strategy is to sell the lowest cost sub on the planet 27,032 163,771 5,39 Pequired 1. Calculate Sub Station's rehan on assets, proti margm, and asset turnover soto (Enter your answers in thousands of dollars, e 123,000 should be entered as 1231) Return t Choose Dementiate Reuman Choose Numer Prott Morg Chades Demminate Profit Marge Asset Turnover Choose Deminate Pres 94 Required: 1. Calculate Sub Station's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).) Choose Numerator Return on Assets Choose Denominator Return on Assets = Return on assets Profit Margin Choose Numerator Choose Denominator Profit Margin Profit Margin Choose Numerator Asset Turnover Choose Denominator Asset Turnover Asset Turnover times Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business strategy is to sell the best tasting sandwich with the highest quality ingredients. Planet Sub's business strategy is to sell the lowest cost sub on the planet. Sub Station Net sales $109,949 Planet Sub 169,771 Net Income 27,622 5,192 Total assets, beginning 76,883 41,799 Total assets, ending 119,771 47,933 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).) Choose Numerator Return on Assets Choose Denominator Return on Assets B Return on assets Profit Margin Choose Numerator Choose Denominator Profit Margin W Profit Margin TWO Choose Numerator Asset Turnover Choose Denominator Asset Turnover = Asset Turnover times Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business strategy is to sell the best lasting sandwich with the highest quality ingredients. Planet Sub's business strategy is to sell the lowest cost sub on the planet. Sub Station Planet Sub Net sales $109,949 $63,771 Net income 27,622 5,192 Total assets, beginning 76,883 41,799 Total assets, ending 119,771 47,933 3-a. Which company has the higher profit margin? O Sub Station's O Planet Sub 3-b. Which company has the higher asset turnover? O Sub Station's O Planet Sub 3-c. Are the two ratios consistent with the primary business strategies of the two companies? O Yes O No

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