[The following information applies to the questions displayed below.] The following selected financial data ($ in thousands) was reported by Salsa's Restaurant and Los Aztecos. Both restaurants hope to provide their customers with the best tasting burritos in their region. Salsa's focuses on high quality ingredients and Los Aztecos focuses on low cost. Net sales Net income Total assets, beginning Total assets, ending Salsa's $110,249 27,922 77,183 120,371 Los Aztecos $64,071 5,492 42,399 48,533 Required: 1. Calculate Salsa'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 = 1 . II . Profit Margin Choose Denominator Choose Numerator . 00 Profit Margin Profit Margin . = . 0 . Asset Turnover Choose Denominator Choose Numerator . . Asset Turnover Asset Turnover 0 times . = = . 2. Calculate Los Aztecos 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 = 00 Return on Assets Return on assets . . II = : . = 0 Profit Margin Choose Denominator Choose Numerator = : . Profit Margin Profit Margin = = .. 0 Asset Turnover Choose Denominator Choose Numerator 111111 Asset Turnover Asset Turnover 0 times . . 3-a. Which company has the higher profit margin? Salsa's Restaurant O Los Aztecos 3-b. Which company has the higher asset turnover? Salsa's Restaurant O Los Aztecos 3-c. Are the two ratios consistent with the primary business strategies of the two companies? Yes O No