Solution-The following information was taken from straub

The following information was taken from straub companys

Reference no: EM13574792

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

Fixed assets (net)	$700,000
Long-term liabilities	218,750
Total liabilities	235,000
Total stockholders' equity	940,000

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

Reference no: EM13574792

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The following information was taken from straub companys

Reference no: EM13574792

Reference no: EM13574792

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