USI ICloud Required information [The following information applies to the questions displayed below.) 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 $ 108,549 26,222 75,483 116,971 Planet Sub $62,371 3,792 38,999 45,133 Required: 1. Calculate Sub Station's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator + = Return on Assets U ILIUuu. . . wwwwwwwny Required information Required: 1. Calculate Sub Station's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (i. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Return on Assets Return on assets + + Profit Margin Choose Denominator Choose Numerator = = = Profit Margin Profit Margin + 0 Asset Turnover Choose Denominator Choose Numerator + = = Asset Turnover Asset Turnover 0 times + + Ai PDF using iCloud. 112 071 4 - 22 Required information 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio. (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator = = Return on Assets Return on assets 0 Profit Margin Choose Denominator Choose Numerator Profit Margin Profit Margin 0 Choose Numerator Asset Turnover Choose Denominator = + Asset Turnover Asset Turnover 0 times + using i Required information [The following information applies to the questions displayed below.] Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's busine. strategy is to sell the best tasting sandwich with the highest quality ingredients. Planet Sub's business strategy i sell the lowest cost sub on the planet. Net sales Net income Total assets, beginning Total assets, ending Sub Station $ 108,549 26,222 75,483 116,971 Planet Sub $62,371 3,792 38,999 45,133 3-a. Which company has the higher profit margin? Sub Station's O Planet Sub