The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $67 on December 31, 20Y8.

AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y720Y820Y7Sales$6,456,850$5,949,020Cost of goods sold(2,201,680)(2,025,550)Gross profit$4,255,170$3,923,470Selling expenses$(1,534,090)$(1,839,790)Administrative expenses(1,306,820)(1,080,510)Total operating expenses(2,840,910)(2,920,300)Operating income$1,414,260$1,003,170Other revenue and expense:Other income74,44064,030Other expense (interest)(456,000)(251,200)Income before income tax$1,032,700$816,000Income tax expense(123,900)(98,000)Net income$908,800$718,000

AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders Equity For the Years Ended December 31, 20Y8 and 20Y720Y820Y7Preferred StockCommon StockRetained EarningsPreferred StockCommon StockRetained EarningsBalances, Jan. 1$850,000$970,000$4,158,225$850,000$970,000$3,505,475Net income908,800718,000Dividends:Preferred stock(11,900)(11,900)Common stock(53,350)(53,350)Balances, Dec. 31$850,000$970,000$5,001,775$850,000$970,000$4,158,225

AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y8 and 20Y7Dec. 31, 20Y8Dec. 31, 20Y7AssetsCurrent assets:Cash$1,259,610$864,980Temporary investments1,906,4401,433,380Accounts receivable (net)1,146,1001,080,400Inventories861,400657,000Prepaid expenses238,309173,000Total current assets$5,411,859$4,208,760Long-term investments1,503,869-612,497Property, plant, and equipment (net)7,410,0006,669,000Total assets$14,325,728$10,265,263LiabilitiesCurrent liabilities$1,803,953$1,147,038Long-term liabilities:Mortgage note payable, 8%, due in 15 years$2,560,000$0Bonds payable, 8%, due in 20 years3,140,0003,140,000Total long-term liabilities$5,700,000$3,140,000Total liabilities$7,503,953$4,287,038Stockholders' EquityPreferred $0.70 stock, $50 par$850,000$850,000Common stock, $10 par970,000970,000Retained earnings5,001,7754,158,225Total stockholders' equity$6,821,775$5,978,225Total liabilities and stockholders' equity$14,325,728$10,265,263

Instructions:

Determine the following measures for 20Y8. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year.

My questions is:

Ratio of liabilities to stockholders' equity

Ratio of fixed assets to long-term liabilities

Times interest earned

I can not seem to get the correct answer. Please help!