Profit Margin and Debt Ratio
Assume you are given the following relationships for the HaslamCorporation:
Sales/total assets | 1.4 |
Return on assets (ROA) | 4% |
Return on equity (ROE) | 7% |
Calculate Haslam's profit margin and liabilities-to-assetsratio. Do not round intermediate calculations. Round your answersto two decimal places.
Profit margin: _______%
Liabilities-to-assets ratio: ______%
Suppose half of its liabilities are in the form of debt.Calculate the debt-to-assets ratio. Do not round intermediatecalculations. Round your answer to two decimal places.________%