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The following information was taken from grain companys

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Reference no: EM131126967

The following information was taken from Grain Company's balance sheet:

Fixed assets (net) $600,000
Long-term liabilities 400,000
Total liabilities 600,000
Total stockholders' equity 400,000

Determine the company's 

(a) Ratio of fixed assets to long-term liabilities and 
(b) Ratio of liabilities to stockholders' equity. 

Reference no: EM131126967

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