Long-Term Solvency Analysis The following information was taken from Combine Company's balance sheet: Fixed assets (net) $460,800 Long-term liabilities 256,000 Total liabilities 716,800 Total...


Long-Term Solvency Analysis<br>The following information was taken from Combine Company's balance sheet:<br>Fixed assets (net)<br>$460,800<br>Long-term liabilities<br>256,000<br>Total liabilities<br>716,800<br>Total stockholders' equity<br>896,000<br>Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal<br>place.<br>a. Ratio of fixed assets to long-term liabilities<br>b. Ratio of liabilities to stockholders' equity<br>

Extracted text: Long-Term Solvency Analysis The following information was taken from Combine Company's balance sheet: Fixed assets (net) $460,800 Long-term liabilities 256,000 Total liabilities 716,800 Total stockholders' equity 896,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity

Jun 02, 2022
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