Long-Term Solvency Analysis
The following information was taken from Station Company's balance sheet:
Fixed assets (net) $764,400Long-term liabilities 364,000Total liabilities 1,656,200Total stockholders' equity 1,274,000Determine 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 fill in the blank 1b. Ratio of liabilities to stockholders' equity fill in the blank 2
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