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Long-Term Solvency Analysis The following information was taken from Celebrate Company's balance sheet: Fixed assets (net) $468,000 Long-term liabilities 195,000 Total liabilities 341,250 Total stockholders'
Long-Term Solvency Analysis The following information was taken from Celebrate Company's balance sheet: Fixed assets (net) $468,000 Long-term liabilities 195,000 Total liabilities 341,250 Total stockholders' equity 682,500 Determine the company's (a) ratio of fixed assets to long-term labilities and (b) ratio of labilities to stockholders equity. If required, round your answers to place a. Ratio or fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity Previous Previous
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