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atio Analysis ced Corporation had $1,750,000 in total liabilities and $3,000,000 in total assets as of December 31, 2020. of Red's total liabilities, $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 0.38 X Long-Term Debt to Total Equity Feedback Check My Work The Debt to Total Assets ratio focuses on long term solvency and considers the mix of total debt and total assets. The Long-Term Debt to equity ratio focuses on long term solvency and considers the mix of debt and equity financing