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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%

  1. Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places.

2 %

  1. Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.

50 %

  1. 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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