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The following information applies to the questions displayed below Sub Station and Planet Sub reported the following selected financial data (5 in thousands). Sub Station's
The following information applies to the questions displayed below Sub Station and Planet Sub reported the following selected financial data (5 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 Net income Total assets, beginning Total assets, ending S 109,649 27,322 76,583 $63,471 4,892 1.199 47,333 value 10.00 points Required Information Required: 1. Calculate Sub Station's return on assets, profit margin, and asset tunover ratio. (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).) Return on Assets Choose NumeratorChoose Denominator Return on Assets Return on assets Profit Margin Profit Margin Asset Turnover Asset Tumover O times
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