Other Books Cornerstone Exercise 9-41 Ratio Analysis Red Corporation had $1,750,000 in total liabilities and $3,000,000 in total assets as of December 31, 2020. Or Red's total Habilities, $600,000 is long-term. Required: Calculate Red's debt to assets ratio and its long-term debt to equity ratio. Round your answers to four decimal places, If required. Debt to Total Assets 0.5833 Long-Term Debt to Total Equity 2.0833 X Feb Check My Won The Debt to Total Assets ratio focuses on long term solvery and considers the mix of total debt and total assets The Long-Term Debt to equity tato focuses on long term solvency and considers the mx of debt and equity financing NON IM 22 33 A 07 ))) 24