Question: 7. Problem 3-08 (Profit Margin and Debt Ratio) ebook Problem Walk Through Profit Margin and Debt Ratio Assume you are given the following relationships for
7. Problem 3-08 (Profit Margin and Debt Ratio) ebook Problem Walk Through Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.7 Return on assets (ROA) 49 Return or equity (ROD 69 Calculate Hastan's profit margin and abilities to assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: Liabies to assets ratio: Suppose hall of its abilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculation round your answer to two decimal aces
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