Long-Term Solvency Analysis

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

Fixed assets (net)	$754,200
Long-term liabilities	419,000
Total liabilities	2,786,350
Total stockholders' equity	1,466,500

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	fill in the blank 2

The following items are reported on a company's balance sheet:

Cash	$440,000
Marketable securities	343,800
Accounts receivable (net)	216,200
Inventory	375,000
Accounts payable	625,000

Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place.

a. Current ratio	fill in the blank 1
b. Quick ratio	fill in the blank 2