Determine the companys a ratio of fixed assets to long-term

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The following information was taken from Wheat Company's balance sheet:

Fixed assets (net)

$836,000

Long-term liabilities

380,000

Total liabilities

550,000

Total stockholders' equity

500,000

Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity.

Reference no: EM13484283

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