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Required information [The following information applies to the questions displayed below) Sub Station and Planet Sub reported the following selected financial data ($ in thousands).
Required information [The following information applies to the questions displayed below) 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 Planet Bub Net salon $110,149 $63,971 Net Income 27,822 5,392 Total assets, beginning 77,083 42,199 Total assets, ending 120,171 40,333 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (le. 123,000 should be entered as 123).) Choose Numerator Return on Assets Choose Denominator Return on Assets Return on assets Profit Margin Choose Denominator Choose Numerator Profit Margin Proft Margin Choose Numerator Asset Turnover Choose Denominator Asset Turnover Asset Tumover O mes
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