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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 1.8

Return on assets (ROA) 4%

Return on equity (ROE) 5%

Calculate Haslam's profit margin and liabilities-to-assets ratio.

Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations.

Reference no: EM133037889

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