Reference no: EM132475242
Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities
Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. (MDLZ), and The Hershey Company (HSY), is as follows (in thousands):
Mondelez Hershey
Net property, plant, and equipment $8,229,000 $2,177,248
Current liabilities 14,417,000 1,909,443
Long-term debt 13,217,000 2,347,455
Other long-term liabilities 8,689,000 439,748
Stockholders' equity 25,215,000 827,687
Question a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.
Question b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place.