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 $5,400 15,500 18,000 1,600 25,000 19,950 $85,450 $4,500 11,500 10,000 30,000 29,450 $85,450 What is the company's plant assets to long-term liabilities ratio? Multiple Choice None of these answers are correct. 1.7