The Following Information Has Been Condensed from the December 31

The following information has been condensed from the December 31 balance sheets of Gabriel Co.: $\begin{array}{l}&\text { Year } 2&\text { Year } 1\\\text { Assets: }\\\text { Current assets } & \$ 825,500 & \$ 674,300 \\\text { Fixed assets (net) } & 1,473,600 & 1,275,300\\\text { Total assets } & \$ 2,299,100 &\$ 1,949,600\\\\\text { Liabilities: }\\\text { Current liabilities } & \$ 313,500 & \$ 309,600 \\\text { Long-term liabilities } & 703,000 & 545,000 \\\text { Total liabilities } & \$ 1,016,500 & \$ 854,600 \\\text { Stockhol ders' equity } & \$ 1,282,600 & \$ 1,095 ,000\\\text { Total liabilities and }\\\text { stockholders' equity }&\$2,299,100&\$1,949,600\end{array}$ ​ (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.