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Long-Term Solvency Analysis

The following information was taken from Acme Company's balance sheet:

Fixed assets (net)	$1,147,000
Long-term liabilities	370,000
Total liabilities	259,000
Total stockholders' equity	1,295,000

Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place.

a. Ratio of fixed assets to long-term liabilities	fill in the blank 1
b. Ratio of liabilities to stockholders' equity	fill in the blank 2