Calculate haslams profit margin do not round intermediate, Finance Basics

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Calculate haslams profit margin do not round intermediate

Question: Assume you are given the following relationships for the Haslam Corporation:

Sales/total assets 2.1

Return on assets (ROA) 3%

Return on equity (ROE) 9%

a. Calculate Haslam's profit margin. Do not round intermediate calculations. Round your answer to two decimal places.

b. Calculate Haslam's liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.

c. 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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Finance Basics: Calculate haslams profit margin do not round intermediate

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Finance Basics: Calculate haslams profit margin do not round intermediate

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