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Assume you are given the following relationships for the Haslam Corporation: Sales/total assets1.5Return on assets (ROA)4%Return on equity (ROE)5% Calculate Haslam's liabilities-to-assets ratio. Do not

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

Sales/total assets1.5Return on assets (ROA)4%Return on equity (ROE)5%

Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places.

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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