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