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

Sales/total assets	2.2
Return on assets (ROA)	4%
Return on equity (ROE)	6%

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

Profit margin: %

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.

%_____

The Morris Corporation has $250,000 of debt outstanding, and it pays an interest rate of 11% annually. Morris's annual sales are $1.25 million, its average tax rate is 40%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 4 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morris's TIE ratio? Do not round intermediate calculations. Round your answer to two decimal places.

________

Comprehensive Ratio Calculations

The Kretovich Company had a quick ratio of 0.9, a current ratio of 3.5, a days' sales outstanding of 36.5 days (based on a 365-day year), total current assets of $752,500, and cash and marketable securities of $95,000. What were Kretovich's annual sales? Do not round intermediate calculations. Round your answer to the nearest dollar.

$ _______