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 $109, 549 27.222 76,683 118,971 Planet Sub $63,371 4,792 40,999 47,133 3-a. Which company has the higher profit margin? Sub Station's Planet Sub Book 3-b. Which company has the higher asset turnover? Herences Sub Station's Planet Sub 3-c. Are the two ratios consistent with the primary business strategies of the two companies? Yes NO