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Calculate the debt-to-assets ratio

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Reference no: EM131823530

Haslam Corporation:

Sales/Total Assets: 1.2

Return on Assets 4%

Return on Equity 7%

Calculate Haslam's profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in form of debt, Calculate the debt-to-assets ratio. Please show work in detail.

Reference no: EM131823530

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