Assume you are given the following relationships for the Haslam Corporation: Sales/total assets ...................... 1.2 Return on
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Sales/total assets ...................... 1.2
Return on assets (ROA) .............. 4%
Return on equity (ROE) ............. 7%
Calculate Haslam's profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio.
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Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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