Question
Need help with the following, I included my answers. Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.5 Return on
Need help with the following, I included my answers.
Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets 1.5
Return on assets (ROA) 3%
Return on equity (ROE) 6%
- 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.
50 %
- 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.
25%
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
