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7. Problem 3-08 (Profit Margin and Debt Ratio) EB eBook 8 Problem Walk-Through Profit Margin and Debt Ratio Assume you are given the following relationships
7. Problem 3-08 (Profit Margin and Debt Ratio) EB eBook 8 Problem Walk-Through Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.7 Return on assets (ROA) 4% Return on equity (ROE) 6% 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. T %
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