Question
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 2.3 Return on assets (ROA) 2% Return on equity (ROE) 5% Calculate
Assume you are given the following relationships for the Haslam Corporation:
| Sales/total assets | 2.3 |
| Return on assets (ROA) | 2% |
| 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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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
