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Please explain how to solve the following: Profit Margin and Debt Ratio Assume you are given the following relationships for the Howard Corporation: Sales/total assets

Please explain how to solve the following:

Profit Margin and Debt Ratio

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

Sales/total assets 1.3

Return on assets (ROA) 4%

Return on equity (ROE) 6%

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

___________________%

Thank you

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