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:
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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