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ong - term solvency analysisThe following information was taken from Station Company's balance sheet:Line Item DescriptionAmountFixed assets ( net ) $ 1 , 1 5

ong-term solvency analysisThe following information was taken from Station Company's balance sheet:Line Item DescriptionAmountFixed assets (net)$1,159,400Long-term liabilities341,000Total liabilities954,800Total stockholders' equity1,193,500Determine 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.Line Item DescriptionRatioa. Ratio of fixed assets to long-term liabilitiesfill in the blank 1b. Ratio of liabilities to stockholders' equityfill in the blank 2

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