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.
Definitions:
Rank Ordering Method
A technique used to prioritize or arrange items in order of importance or relevance, often used in decision-making processes.
Multiperson Comparison
A formal comparison of one manager’s performance evaluations of an employee with ratings provided by another manager.
Superior or Weaker
Terms used to compare the effectiveness, efficiency, or quality of two or more entities.
Bonus
A form of additional compensation provided to employees as a reward for achieving specific goals or exceptional performance.
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