Question: Help Save & Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business Strategy is to sell the
Help Save & 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 $109,549 27.222 76,483 110.971 Planet Sub $63,371 4,792 40,999 47,133 2. Calculate Planet Sub's return on assets, profit margin, and asset turnover ratio (Enter your answers in thousands of dollars. (ie. 123,000 should be entered as 123).) Choose Numerator Return on Assets Choose Denominator - Return on Assets Return on assets Choose Numerator Profit Margin Choose Denominator . - Profit Margin Profit Margin Choose Numerator Asset Turnover Choose Denominator - Asset Turnover Asset Turnover Olmos
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