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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

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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. Sub Station Planet Sub Net sales $ 108,549 $62,371 Net income 26,222 3,792 Total assets, beginning 75,483 38,999 Total assets, ending 116,971 45,133 Required: 1. Calculate Sub Station's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (I.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator + Return on Assets Return on assets 0 Profit Margin Choose Denominator Choose Numerator + Profit Margin Profit Margin Asset Turnover Choose Denominator Chooso Numerator Assot Turnover Aecat Turnu

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