DA. 7-2 Project: Company Accour xD2L 7-1 Problem Set: Module Sev XCengageNOWv2 |Online tea XCengage Learning+ xngagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress%3Dfalse电手eBookShow Me HowLong-Term Solvency AnalysisThe following information was taken from Celebrate Company's balance sheet:Fixed assets (net)006'86$0001,471,050Long-term liabilitiesTotal liabilitiesTotal stockholders' equity1,634,500Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answersto one decimal place.a. Ratio of fixed assets to long-term liabilitiesb. Ratio of liabilities to stockholders equity(PreviousCheck My Work330 PMhp144114

a. Ratio of fixed assets to long-term liabilities Fixed assets / Long-term liabilities = $793,900 /…

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a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders equity

Quickbooks Online Accounting

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ISBN:9780357391693

Author:Owen

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Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 3.4C

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Question

DA. 7-2 Project: Company Accour x
D2L 7-1 Problem Set: Module Sev X
CengageNOWv2 |Online tea X
Cengage Learning
+ x
ngagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress%3Dfalse
电手
eBook
Show Me How
Long-Term Solvency Analysis
The following information was taken from Celebrate Company's balance sheet:
Fixed assets (net)
006'86$
000
1,471,050
Long-term liabilities
Total liabilities
Total stockholders' equity
1,634,500
Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers
to one decimal place.
a. Ratio of fixed assets to long-term liabilities
b. Ratio of liabilities to stockholders equity
(Previous
Check My Work
330 PM
hp
144
114

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