Problem 3-8 profit margin and debt ratio (cengage)
Problem 3-8 Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.4 Return on assets (ROA) 3% Return on equity (ROE) 8% 1. Calculate Haslam’s profit margin. Do not round intermediate calculations. Round your answer to two decimal places. 2. Calculate Haslam’s liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer […]
