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Saved Help Chapter 7. Homework 16 Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business strategy is
Saved Help Chapter 7. Homework 16 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. Part 2 of 3 Sab Station $109,349 27,022 76,28) 118,571 Nat sales Not income Total assets, beginning Total assets, ending Planet Sub $63,171 4.592 40,599 46,753 OBB points 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (l.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Return on Assets Return on assets References Profit Margin Choose Denominator Choose Numerator Profit Margin Profit Margin Asset Turnover Choose Denominator Choose Numerator Asset Turnover Asset Turnover times
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