The following information has been condensed from the December 31 balance sheets of Gabriel Co.:

Assets:	Year 2	Year 1
Current assets	$825,500	$654,300
Fixed Assets (net)	$1,473,600	$1,295,300
Total Assets	$2,299,100	$1,949,600
Liabilities:
Current Liabilities	$313,500	$309,600
Long-term liabilities	703,000	545,000
Total Liabilities	$1,016,500	$854,600
Stockholders' equity	$1,282,600	$1,095,000
Total liabilities and
stockholders' equity	$2,299,100	$1,949,600

a.	Determine the ratio of fixed assets to long-term liabilities for each year.
b.	Determine the ratio of liabilities to stockholders' equity for each year.
c.	Comment on the year-to-year changes for both ratios.

(Round answers to two decimal places.)