he following information has been condensed from the December 31 balance sheets of Gabriel Co.:

The following information has been condensed from the December 31 balance sheets of Gabriel Co. Year 2 Year 1 Assets Current assets Fixed assets (net) Total assets Liabilities Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total liabilities and stockholders' equity s 825,500 1,473,600 $2,299,100 674,300 1,275,300 $1,949,600 $313,500 703,000 $1,016,500 $1,282,600 $2,299,100 $309,600 545,000 $854,600 $1,095,000 $1,949,600 Round your answers to two decimal places a. Determine the ratio of fixed assets to long-term liabilities for each year Year 2: Year 1: b. Determine the ratio of liabilities to stockholders' equity for each year. Year 2: Year 1