Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

تمرين 31

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 of dollars):

a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.
b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place.
c. Interpret the ratio differences between the two companies.