(Solution) - The following information was taken from Shield Company s balanc -(2025 Original AI-Free Solution)

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The following information was taken from Shield Company?s balance sheet:

Fixed assets (net) $1,000,000
Long-term liabilities 500,000
Total liabilities 800,000
Total stockholders? equity 800,000

Determine the company?s
(a) Ratio of fixed assets to long-term liabilities and
(b) Ratio of liabilities to stockholders? equity.