Question
Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.3 Return on assets (ROA) 2% Return
Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets 1.3
Return on assets (ROA) 2%
Return on equity (ROE) 6%
Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places. %
Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %
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. %
Please show all calculations
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