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 Sub Station $108,749 26,422 75,683 117,371 Planet Sub $62,571 3,992 39,399 45,533 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).) Choose Numerator Not income $ 3,492 Answer is complete but not entirely correct. Return on Assets Choose Denominator Return on Assets Average total assets Return on assets 41,566 8.40% Profit Margin Choose Denominator Profit Margin Sales Profit Margin 62,071 5.63% Asset Turnover Choose Denominator Average total assets Asset Turnover s 41,566 Choose Numerator Net income 3,492 Asset Turnover Choose Numerator Sales $ 62,071 - 149 times