Question
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.4 Return on assets (ROA) 3% Return on equity (ROE) 5% Calculate
Assume you are given the following relationships for the Haslam Corporation:
| Sales/total assets | 1.4 |
| Return on assets (ROA) | 3% |
| Return on equity (ROE) | 5% |
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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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
8th Edition
0618471421, 9780618471423
