Solution-The following information was taken from wheat

The following information was taken from wheat companys

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Reference no: EM13574225

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: EM13574225

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The following information was taken from wheat companys

Reference no: EM13574225

Reference no: EM13574225

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