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The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,652,609 Long-term liabilities 511,100 Total liabilities 541,280 Total stockholders' equity 1,592,000 Round

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The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,652,609 Long-term liabilities 511,100 Total liabilities 541,280 Total stockholders' equity 1,592,000 Round your answers to two decimal places. a. Determine the company's ratio of fixed assets to long-term liabilities. b. Determine the company's ratio of liabilities to stockholders' equity

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