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Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.5 Return on assets (ROA) 2% Return on equity (ROE) 8% Calculate

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

Sales/total assets 1.5
Return on assets (ROA) 2%
Return on equity (ROE) 8%
  1. Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places. %
  2. Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %
  3. 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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