Questions Problem 7-08 Question 3 of 3 1. Check My Work 2. 3. 7-2: Liquidity Ratios 7-4: Debt Management Ratios Problem Walk-Through Problem 7-8 Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 2.4 Return on assets (ROA) 3% Return on equity (ROE) 5% Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places. 1.25 % Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. 4.00 % 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. %