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6. The following information was taken from Milo Corporation's balance sheet: Fixed assets (net) $732,000 Long-term liabilities 427,000 Total liabilities 1,152,000 Total stockholders' equity
6. The following information was taken from Milo Corporation's balance sheet: Fixed assets (net) $732,000 Long-term liabilities 427,000 Total liabilities 1,152,000 Total stockholders' equity 544,000 Determine the company's ratio of fixed assets to long-term liabilities and ratio of liabilities to stockholders' equity. Round to one decimal place.
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