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Sub Station Planet Sub Net sales $110,049 $63,871 Net income 27,722 5,292 Total assets, beginning 76,983 41,999 Total assets, ending 119,971 48,133 2. Calculate

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Sub Station Planet Sub Net sales $110,049 $63,871 Net income 27,722 5,292 Total assets, beginning 76,983 41,999 Total assets, ending 119,971 48,133 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answer dollars. (i.e. 123,000 should be entered as 123).) Choose Numerator Net income Choose Numerator Net income + 4 + Return on Assets Choose Denominator = Return on Assets Return on assets Profit Margin Choose Denominator Asset Turnover = = Profit Margin = Profit Margin

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