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.

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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.
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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