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Alpha Company provided the following balance sheet for Year 2 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total

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Alpha Company provided the following balance sheet for Year 2 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,000 7,150 10,850 1,900 30,800 23,500 $79,200 $ 3,200 6,800 13,500 17,500 38,200 $79,200 What is the company's plant assets to long-term liabilities ratio? What is the company's plant assets to long-term liabilities ratio? Muluple Choice 2.28 O 2.78 1.30 None of these answers are correct. Alpha Company provided the following balance sheet for Year 2 Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity $ 5,000 7,150 10,850 1,900 30,800 23,500 $79,200 $ 3,200 6,800 13,500 17,500 38,200 $79,200 What is the company's plant assets to long-term liabilities ratio? What is the company's plant assets to long-term liabilities ratio? Muluple Choice 2.28 O 2.78 1.30 None of these answers are correct

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