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Calculate the debt-to-assets ratio

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Question - 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%

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

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: EM133028712

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