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Long-Term Solvency Analysis The following information was taken from Combine Company's balance sheet: ...

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Accounting

Long-Term Solvency Analysis The following information was taken from Combine Company's balance sheet:
Fixed assets (net) $1,974,000
Long-term abilities 470,000
Total liabilities 1,974,000
Total stockholders' equity 1,645,000
Determine the company's (a) ratio of fixed assets to long-term fiabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place
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Long Term Solvency Analysis The following information was taken from Combine Company's balance sheet: Fixed assets (net) $1,974,000 Long term liabilities 470,000 Total liabilities 1,974,000 Total stockholders' equity 1,645,000 Determine the company's (a) ratio of fixed assets to long-term bilib and () ratio of labilities to stockholders' equity. If required, round your answers to one deomal place a. Ratio of foxed assets to long term liabilities b. Ratio of liabilities to stockholders' equity

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