A business has a debt-equity ratio of 1.50. The return on assets (ROA) is 6.9%, and total equity is $820,000. What is the net income?
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- Hima company has a debt-equity ratio ofAccount Question answer wanted.Assume you are given the following relationships for the Haslam Corporation:Sales/total assets 1.2Return on assets (ROA) 4%Return on equity (ROE) 7%Calculate Haslam’s profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio.
