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The following information was taken from Acme Company's balance sheet:
Fixed assets (net)
$1,400,000
Long-term liabilities
400,000
Total liabilities
560,000
Total stockholders' equity
1,400,000
Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to total stockholders' equity.
Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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