Sub Station and Planet Sub reported the following selected financial data. 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.

Sub Station Planet Sub

Net sales $$108,849$ $$62,671$

Net income $26,5224,092$

Total assets, beginning $75,78339,599$

Total assets, ending $117,57145,733$

Required:

$1.$ Calculate Sub Station$$s return on assets, profit margin, and asset turnover ratio.

$2.$ Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio.

$3-$a$.$ Which company has the more favorable profit margin?

$3-$b$.$ Which company has the more favorable asset turnover?

$3-$c$.$ Are the two ratios consistent with the primary business strategies of the two companies?