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3. Problem 7-08 (Profit Margin and Debt Ratio) Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Calculate

image text in transcribed 3. Problem 7-08 (Profit Margin and Debt Ratio) Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Liabilities-to-assets ratio: % Suppose half of its 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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