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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 (S in
Required information [The following information applies to the questions displayed below] Sub Station and Planet Sub reported the following selected financial data (S 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 Planet Sub Sub Station $109,449 $63,271 Net Income 27,122 4,692 Total assets, beginning 76,383 40,799 Total assets, ending 118,771- 46,933 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 Choose Numeratos Return on Assets Choose Denominator Return on Assets Return on assets Profit Margin Choose Denominator Profit Margin Profit Margin Choose Numerator Asset Turnover Choose Denominator Asset Tumover. Asset Turnover times
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