1.

The following information was taken from Acme Company's balance sheet:

Fixed assets (net)	$343,800
Long-term liabilities	191,000
Total liabilities	869,050
Total stockholders' equity	668,500

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	fill in the blank 1
b. Ratio of liabilities to stockholders' equity	fill in the blank 2

2.

A company reports the following:

Income before income tax expense	$835,200
Interest expense	96,000

Determine the times interest earned. Round to one decimal place. _________