Calculate haslam profit margin and liabilities-to-asset

Assignment Help Financial Accounting
Reference no: EM132489321

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

Sales/total assets 1.2

Return on assets (ROA) 4%

Return on equity (ROE) 5%

Question 1: Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places.

Question 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: EM132489321

Questions Cloud

What amount of short-term debt could be excluded : Subsequent to the balance sheet date, but before the balance sheet is issued, what amount of short-term debt could be excluded from current liabilities?
Determine which is a nonrefundable credit : Preparer explains nonrefundable credits can reduce his tax liability to zero but can never add to his refund. Which of the following is a nonrefundable credit?
What will be the equal payment amount needs to? pay : What will be the equal payment amount she needs to? pay? She paid ?25,000 for downpayment and planned to pay the remaining over
Evaluate the health of the company : Among the 3 kinds of financial statements (income statement, balance sheet, cash flow statement), which is the most important? Why?
Calculate haslam profit margin and liabilities-to-asset : Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places
What the number of times interest was earned was : What The number of times interest was earned during 2018 was. Equipment which cost $435000 and had accumulated depreciation of $241000
Prepare adjusting entries for the year ended december : Prepare adjusting entries for the year ended December 31, for each of these separate situations. Assume that prepaid expenses are initially recorded
What are the journal entries for year : What are the journal entries for 10/20/Year 7, if any? What are the journal entries for 10/31/Year 7, if any? What are the journal entries for 1/15/Year 8
Prepare paper on nanotechnology : Prepare paper on Nanotechnology and its effects on the food chain and environment.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd