The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,169,163 Long-term liabilities 517,700 Total liabilities 724,230 Total stockholders' equity 1,857,000 Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities fill in the blank 1 b. Ratio of liabilities to stockholders' equity fill in the blank 2
The following information was taken from Slater Company's balance sheet: Fixed assets (net) $2,169,163 Long-term liabilities 517,700 Total liabilities 724,230 Total stockholders' equity 1,857,000 Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities fill in the blank 1 b. Ratio of liabilities to stockholders' equity fill in the blank 2
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The following information was taken from Slater Company's balance sheet:
| Fixed assets (net) | $2,169,163 |
| Long-term liabilities | 517,700 |
| Total liabilities | 724,230 |
| Total stockholders' equity | 1,857,000 |
Determine the company's (a) ratio of fixed assets to long-term liabilities, and (b) ratio of liabilities to stockholders' equity. Round your answers to one decimal place.
| a. Ratio of fixed assets to long-term liabilities | fill in the blank 1 |
| b. Ratio of liabilities to stockholders' equity | fill in the blank 2 |
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