Long-Term Solvency Analysis

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

Fixed assets (net)	$1,287,400
Long-term liabilities	314,000
Total liabilities	989,100
Total stockholders' equity	1,099,000

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
b. Ratio of liabilities to stockholders' equity