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Assume you are given the follow relationships for the Haslam Corporation: Sales/total assets 1.7 Return on assets (ROA) 4% Return on equity (ROE) 7% a)

Assume you are given the follow relationships for the Haslam Corporation:

Sales/total assets 1.7

Return on assets (ROA) 4%

Return on equity (ROE) 7%

a) Calculate the Liabilities-to-assets ratio. ( b) Suppose half of the liabilities are in the form of debt. calculate the debt-to-assets ratio. round answer to two decimal places.

Thanks for your help.

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