Assume you are given the following relationships for a Corporation
January 12th, 2018
Profit Margin and Debt RatioAssume you are given the following relationships for a Corporation:Sales/total asset 1.5Return on assets (ROA)3%Return on equity (ROE)6%Calculate profit margin. Do not round intermediate calculations. Round your answer to two decimal places.%Calculate liabilities-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places.%Suppose half of the 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.%