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Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $422,400 Long-term liabilities 264,000 Total liabilities 369,600 Total stockholders'
Long-Term Solvency Analysis
The following information was taken from Station Company's balance sheet:
Fixed assets (net) | $422,400 |
Long-term liabilities | 264,000 |
Total liabilities | 369,600 |
Total stockholders' equity | 924,000 |
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 | fill in the blank 1 |
b. Ratio of liabilities to stockholders' equity | fill in the blank 2 |
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