The following information was taken from Slater Company's balance sheet: Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answer to one decimal place.

Question

The following information was taken from Slater Company's balance sheet:  Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answer to one decimal place.

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The Answer of The following information was taken from Slater Company's balance sheet:  Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answer to one decimal place.

The Following Information Was Taken from Slater Company's Balance Sheet