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Check my w 6 Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business strategy is to sell
Check my w 6 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. Part 2 of 3 Net sales Net income Total assets, beginning Total assets, ending Sub Station $110,049 27,722 76,983 119,971 Planet Sub $63,871 5,292 41,999 48,133 4 points eBook 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).) Ask Print References Choose Numerator Net income Return on Assets . Choose Denominator Average total assets Return on Assets Return on assets = . = 0 Profit Margin Choose Denominator Choose Numerator = Profit Margin Profit Margin n 6 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).) Part 2 of 3 Choose Numerator Return on Assets Choose Denominator - Average total assets Return on Assets Return on assets Net income = 4 points = 0 Profit Margin Choose Denominator eBook Choose Numerator : = Profit Margin Profit Margin = Ask = Print Asset Turnover Choose Denominator References Choose Numerator . = = Asset Turnover Asset Turnover 0 times =
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