Long-Term Solvency Analysis

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

Fixed assets (net)$1,176,000Long-term liabilities280,000Total liabilities960,000Total stockholders equity320,000

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 liabilitiesb. Ratio of liabilities to stockholders' equity