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Sub Station and Planet Sub reported the following selected financial cata ($ in thousands). Sub Station's business strategy Is to sell the best tasting sandwich
Sub Station and Planet Sub reported the following selected financial cata ($ 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 $109,849 27.522 76,783 119,571 Planet Bob $63, 671 5,092 41,599 47,753 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (le 123,000 should be entered as 123).) Choose Numerator Return on Assets Choosa Denominator Return on Assets Return on assets Choose Numerator Profit Margin Choose Denominator Profit Margin Profit Margin * Choose Numerator Asset Turnover Choose Denominator - Asset Turnover Assot Tumover O times
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