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Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Stations business strategy is to sell the best tasting sandwich with the highest quality ingredients. Planet Subs business strategy is to sell the lowest cost sub on the planet.

Sub Station Planet Sub Net sales$109,249 $63,071 Net income 26,922 4,492 Total assets, beginning 76,183 40,399 Total assets, ending 118,371 46,533

Required:

1. Calculate Sub Stations 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).)