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Long - Term Solvency Analysis The following information was taken from Combine Company's balance sheet: Fixed assets ( net ) $ 1 , 4 6

Long-Term Solvency Analysis
The following information was taken from Combine Company's balance sheet:
Fixed assets (net)
$1,465,800
Long-term liabilities
349,000
Total liabilities
2,076,550
Total stockholders' equity
1,221,500
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
b. Ratio of liabilities to stockholders' equity
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