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. Net sales Net income Total assets, beginning Total assets, ending Sub Station $110,249 27,922 77,183 120,371 Planet Sub $ 64,071 5,492 42,399 48,533 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? Sub Station's O Planet Sub 3-c. Are the two ratios consistent with the primary business strategies of the two companies? Yes