Question: PLEASE ANSWER THOROUGHLY AND INCLUDE EVERY FORMULA AND STEP! Thanks! Sorry I'm trying to prepare for an exam! Assume you are given the following relationships

PLEASE ANSWER THOROUGHLY AND INCLUDE EVERY FORMULA AND STEP! Thanks! Sorry I'm trying to prepare for an exam!

Assume you are given the following relationships for the Haslam Corporation: Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Liabilities-to-assets ratio: % Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decim places. %

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