Question
Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.5 Return on assets (ROA) 2% Return
- Profit Margin and Debt Ratio
- Assume you are given the following relationships for the Haslam Corporation:
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- 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.
% - 1) 1.33%
- 2) 77.78%
- Please calculate 3rd one.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
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