Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Stations business strategy is to sell the best tasting sandwich with the highest quality ingredients. Planet Subs business strategy is to sell the lowest cost sub on the planet.

Sub Station Plonet Sub Net soles Net income Total assets, beginning Total assets, ending $ 108,349 26,022 75,283 116,571 $62.171 3,592 44733 1. Calculate Sub Station's retum 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 Numerator | | Choose Denominator 1-1 Return on Assets Profit Margin Profit Margin Asset Turnover Asset Turnover times 2. Calculate Planet Sub's retum 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 Numerator | | Choose Return on Assets Return on assets Profit Margin Profit Margin Asset Turnover Asset Turnover times 3-a. Which company has the higher profit margin? O Sub Station's O Planet Sub 3-b. Which company has the higher asset turnover? O Sub Station's O Planet Sub 3-c. Are the two ratios consistent with the primary business strategies of the tvo companies? O Yes O No