Long-Term Solvency Analysis

The following information was taken from Sigmund Companys balance sheet:

Fixed assets (net)	$1,050,000
Long-term liabilities	750,000
Total liabilities	850,000
Total stockholders equity	500,000

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