The following information was taken from Kellman Company's balance sheet:
Fixed assets (net) ................... $2,000,000
Long-term liabilities ................ 800,000
Total liabilities ....................... 1,000,000
Total stockholders' equity ........... 625,000
Determine the company's
(a) Ratio of fixed assets to long-term liabilities and
(b) Ratio of liabilities to stockholders' equity.