Essay
The following information has been condensed from the December 31 balance sheets of Gabriel Co.:? 
(a)Determine the ratio of fixed assets to long-term liabilities for each year.
(b)Determine the ratio of liabilities to stockholders' equity for each year.
(c)Comment on the year-to-year changes for both ratios.?Round your answers to two decimal places.
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(b) Ratio of liabilities tostockhol...View Answer
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Correct Answer:
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(b) Ratio of liabilities tostockhol...
View Answer
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