61 eBook Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets Return on assets (ROA) Return on equity (ROE) 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: % 8 Problem Walk-Through % 1.1 4% 6% 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 decimal places.
61 eBook Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets Return on assets (ROA) Return on equity (ROE) 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: % 8 Problem Walk-Through % 1.1 4% 6% 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 decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:7. Problem 3-08 (Profit Margin and Debt Ratio)
Profit Margin and Debt Ratio
eBook
Profit margin:
Assume you are given the following relationships for the Haslam Corporation:
Sales/total assets
Return on assets (ROA)
Return on equity (ROE)
Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places.
Liabilities-to-assets ratio:
%
%
3 Problem Walk-Through
%
1.1
4%
6%
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 decimal places.
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