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Calculator Long-Term Solvency Analysis The following information was taken from Acme Company's balance sheet $1,997,500 Fixed assets (net) 425,000 Long-term iabilities 1,041,250 Total liabilities CAL.
Calculator Long-Term Solvency Analysis The following information was taken from Acme Company's balance sheet $1,997,500 Fixed assets (net) 425,000 Long-term iabilities 1,041,250 Total liabilities CAL. 1,487,500 Total stockholders equity Determine the company's (a) ratio of fixed assets to long-term labilities and (b) ratio of abilities to stockholders equity, If required, round answers to one decimal place a. Ratio of foxed assets to long-term iabilities b. Ratio of liabilities to stockholders equity ANICSHEETA ANICSHEET A 18 nems F10 F PUp er % & Backspace 4 5 6 7 8 E R T P D G K L Enter C
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