Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term LiabilitiesRecent balance sheet information for two companies in the food industry, Mondelez International, Inc., and The Hershey Company, is as follows (in thousands): Mondelez Hershey Net property, plant, and equipment $8,482,000 $2,130,294 Current liabilities 16,737,000 2,418,566 Long-term debt 12,532,000 3,254,280 Other long-term liabilities 7,747,000 622,908 Stockholders' equity 25,713,000 1,407,266 a.Determine the ratio of liabilities to stockholders' equity for both companies.Round your answers to one decimal place. Mondelez fill in the blank 1 Hershey fill in the blank 2 b.Determine the ratio of fixed assets to long-term liabilities for both companies.Round your answers to one decimal place. Mondelez fill in the blank 3 Hershey fill in the blank 4 c.Although___________uses more debt, it has____________creditor protection and borrowing capacity.

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.,...

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., and The Hershey Company, is as follows (in thousands):

	Mondelez	Hershey
Net property, plant, and equipment	$8,482,000		$2,130,294
Current liabilities	16,737,000		2,418,566
Long-term debt	12,532,000		3,254,280
Other long-term liabilities	7,747,000		622,908
Stockholders' equity	25,713,000		1,407,266

a.Determine the ratio of liabilities to stockholders' equity for both companies.Round your answers to one decimal place.

Mondelez	fill in the blank 1
Hershey	fill in the blank 2

b.Determine the ratio of fixed assets to long-term liabilities for both companies.Round your answers to one decimal place.

Mondelez	fill in the blank 3
Hershey	fill in the blank 4

c.Although___________uses more debt, it has____________creditor protection and borrowing capacity.

Jun 03, 2022

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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.,...

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