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Long-term solvency analysis The following information was taken from Combine Company's balance sheet: Fixed assets (net) Long-term liabilities Total liabilities Total stockholders' equity $1,048,000
Long-term solvency analysis The following information was taken from Combine Company's balance sheet: Fixed assets (net) Long-term liabilities Total liabilities Total stockholders' equity $1,048,000 262,000 1,650,600) 917,000 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 dec place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity
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