The following are select balance sheet and income statement data for Wilton Strand Inc. for the year ended December 31, 20Y3:

Based on these data, calculate the following solvency measures:

a. Ratio of fixed assets to long-term liabilities

b. Ratio of liabilities to stockholders’ equity

c. Times interest earned

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Assets Current assets Property, plant, and equipment (net) .. Total assets ..... .... Liabilities Current liabilities ..... Long-term liabilities Total liabilities .... Stockholders' Equity Common stock, $5 par........ Retained earnings ....... Total stockholders' equity..... Total liabilities and stockholders' equity.... Select income statement information: Interest expense.... Income before income tax expense... Dec. 31, 20Y3 $ 560,000 1,400,000 $1,960,000 $ 160,000 400,000 $ 560,000 $ 200,000 1,200,000 $1,400,000 $1,960,000 $ 100,000 260,000