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 $ 109,649 27,322 76,583 119,171 Planet Sub $63,471 4,892 41,199 47,333 Required: 1. Calculate Sub Station's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Total assets Retum on Assets Return on assets + 0 + + Profit Margin Choose Denominator Sales Profit Margin Profit Margin Choose Numerator Net income + 0 Asset Turnover Choose Denominator Average total assets Asset Turnover Asset Turnover 0 times Choose Numerator Sales ++ 7 Next >