Assume you are given the following relationships for the Haslam Corporation: Sales/total assets1.2Return on assets (ROA)3%Return on
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Question:
Assume you are given the following relationships for the Haslam Corporation:
- Sales/total assets1.2Return on assets (ROA)3%Return on equity (ROE)8%Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places.
- %
- Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.
- %
- 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.
- %
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