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 Required: Sub Station Planet Sub $109,249 $63,071 26,922 4,492 76,183 40,399 118,371 46,533 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Req 3C Calculate Sub Station's return on assets, profit margin, and asset turnover ratio. Choose Numerator + Choose Numerator Choose Numerator + + Return on Assets Choose Denominator Profit Margin Choose Denominator Asset Turnover Return on Assets Return on Assets Profit Margin Profit Margin Choose Denominator = Asset Turnover Asset Turnover times < Req 1 Req 2 >