Alpha Company provided the following balance sheet for Year 2: Assets Cash $5,800 Accounts receivable 7,950 Inventory 11,250 Prepaid expenses 1,200 Plant and equipment, net of depreciation 32,400 Land 25,500 Total assets $84,100 Liabilities and Stockholders' Equity Accounts payable $3,600 Salaries payable 6,400 Bonds payable (due in ten years) 15,500 Common stock, no par 19,500 Retained earnings 39,100 Total liabilities and stockholders' equity $84,100 What is the company's plant assets to long-term liabilities ratio?

Alpha Company provided the following balance sheet for Year 2: What is the company's plant assets to long-term liabilities ratio? Multiple Choice 1.26 2.09 2.55 None of these answers are correct