Calculate haslam liabilities-to-assets ratio

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Reference no: EM132948898

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

Sales/total assets 1.9
Return on assets (ROA) 3%

Return on equity (ROE) 5%

Problem 1: Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations.

Problem 2: 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.

Reference no: EM132948898

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