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19. The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,147,310 Long-term liabilities 445,500 Total liabilities 807,930 Total stockholders' equity 1,719,000

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19. The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,147,310 Long-term liabilities 445,500 Total liabilities 807,930 Total stockholders' equity 1,719,000 Round your answers to two decimal places. a. Determine the company's ratio of fixed assets to long-term liabilities. b. Determine the company's ratio of liabilities to stockholders' equity

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