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Problem 3-8 Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: 1.9 Sales/total assets Return on assets (ROA)

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Problem 3-8 Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: 1.9 Sales/total assets Return on assets (ROA) Return on equity (ROE) 1. 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. 3. 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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