Long-Term Solvency Analysis

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

Fixed assets (net)	$460,800
Long-term liabilities	384,000
Total liabilities	403,200
Total stockholders' equity	1,344,000

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	fill in the blank 1
b. Ratio of liabilities to stockholders' equity