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Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $572,800 Long-term liabilities 358,000 Total liabilities 1,879,500 Total stockholders'

Long-Term Solvency Analysis

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

Fixed assets (net) $572,800
Long-term liabilities 358,000
Total liabilities 1,879,500
Total stockholders' equity 1,253,000

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

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