Question
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.8 Return on assets (ROA) 3% Return on equity (ROE) 7% Calculate
Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets 1.8
Return on assets (ROA) 3%
Return on equity (ROE) 7%
Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places.
Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.
Suppose half of Haslam's 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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