EX.17-179.ALGO The following information was from Slater Company's balance sheet: Fixed assets (net) Long-term liabilities Total liabilities Total stockholders' equity $2,049,082 504,700 686,080 2,144,000 Round your answers to two decimal places. a. Determine the company's ratio of fixed assets to long-term liabilities. b. Determine the company's ratio of liabilities to stockholders' equity.

EX.17-179.ALGO The following information was from Slater Company's balance sheet: Fixed assets (net) Long-term liabilities Total liabilities Total stockholders' equity $2,049,082 504,700 686,080 2,144,000 Round your answers to two decimal places. a. Determine the company's ratio of fixed assets to long-term liabilities. b. Determine the company's ratio of liabilities to stockholders' equity.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 6BE

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