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The following information was taken from Tyson Companys balance sheet: Fixed assets (net) $774,000 Long-term liabilities 430,000 Total liabilities 1,218,000 Total stockholders equity 580,000 Determine
The following information was taken from Tyson Companys balance sheet:
Fixed assets (net) | $774,000 |
Long-term liabilities | 430,000 |
Total liabilities | 1,218,000 |
Total stockholders equity | 580,000 |
Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place.
a. Ratio of fixed assets to long-term liabilities | fill in the blank 1 |
b. Ratio of liabilities to stockholders' equity | fill in the blank 2 |
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