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Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) Long-term liabilities $1,587,000 345,000 1,690,500 ense Total liabilities
Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) Long-term liabilities $1,587,000 345,000 1,690,500 ense Total liabilities Total stockholders' equity 1,207,500 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' e your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity
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