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.

Quizplus · Accepted Answer

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