Question
1. Gardial & Son has an ROA of 10%, a 6% profit margin, and a return on equity equal to 12%. What is the company's
1. Gardial & Son has an ROA of 10%, a 6% profit margin, and a return on equity equal to 12%.
What is the company's total assets turnover? Round your answer to two decimal places.
Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets | 2.1 |
Return on assets (ROA) | 2% |
Return on equity (ROE) | 5% |
2. Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %
Suppose half of Haslam's liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.
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