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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:

Sales/total assets 1.5
Return on assets (ROA) 2%
Return on equity (ROE) 9%

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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