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Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $1,293,600 Long-term liabilities 392,000 Total liabilities 2,058,000 Total stockholders'
Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $1,293,600 Long-term liabilities 392,000 Total liabilities 2,058,000 Total stockholders' equity 1,372,000 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. Raito of liabilities to stockholders' quity
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