What the ratio of fixed assets to long-term liabilities

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Long-Term Solvency Analysis

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

Fixed assets (net ) $788,400

Long-term liabilities 292,000

Total liabilities 1,941,800

Total stockholders' equity 1,022,000

Problem a. Ratio of fixed assets to long-term liabilities?

Problem b. Ratio of liabilities to stockholders' equity?

Reference no: EM132964972

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