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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. Sub Station Planet Sub Net sales $109,649 $63,471 Net income 27,322 4,892 Total assets, beginning 76,583 41,199 Total assets, ending 119,171 47,333 Required: 1. Calculate Sub Station's return or assets, profit margin, and asset turnover fatio. (Enter your answers in thousands of dollars. (i.e. 123,000 should be entered as 123).) Return on Assets Choose Denominator Choose Numerator Return on Assets Return on assets Profit Margin Choose Denominator Choose Numerator Profit Margin Profit Margin Asset Turnover Choose Denominator Choose Numerator Asset Turnover Asset Turnover times Sub Station and Planet Sub reported the following selected financial data ($ 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 Sub Station Planet Sub Net sales $109,649 $63,471 Net income 27,322 4,892 Total assets, beginning 76,583 41,199 Total assets, ending 119, 171 47,333 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (.e. 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 Asset Turnover Choose Denominator + Choose Numerator Asset Turnover Asset Turnover times

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