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Ratio of LiabiIities to Stockholders' Equity and Ratio of Fixed Assets to Long term Liabilities Recent balance sheet information for two companies, Santa Fe Company
Ratio of LiabiIities to Stockholders' Equity and Ratio of Fixed Assets to Long term Liabilities Recent balance sheet information for two companies, Santa Fe Company and Madrid Company, are as follows: a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. b. Determine the ratio of fixed assets to long-term liabilities for both companies. Enter your answers as decimal values rounded to two decimal places
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