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The following information was taken from Charu Companys balance sheet:Fixed assets (net) $910,000Long-term liabilities260,000Total liabilities800,000Total stockholders equity320,000Determine the companys (a) ratio of fixed assets to
"The following information was taken from Charu Companys balance sheet:Fixed assets (net) $910,000Long-term liabilities260,000Total liabilities800,000Total stockholders equity320,000Determine the companys (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders equity. Round to one decimal place"
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