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Long - term solvency analysis The following information was taken from Celebrate Company's balance sheet: Determine the company's ( a ) ratio of fixed assets

Long-term solvency analysis
The following information was taken from Celebrate Company's balance sheet:
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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