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(3-8) Assume you are given the following relationships for the Haslam Corporation: Sales / total assets 1.2 Return on assets (ROA) 4% Return on equity

(3-8) Assume you are given the following relationships for the Haslam Corporation:

Sales / total assets 1.2

Return on assets (ROA) 4%

Return on equity (ROE) 7%

Calculate Haslam's profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-asset ratio.

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