Question: Recent balance sheet information for two companies in the snack food industry, The Hershey Company (HSY) and Mondelez International, Inc. (MDLZ), is as follows (in
Recent balance sheet information for two companies in the snack food industry, The Hershey Company (HSY) and Mondelez International, Inc. (MDLZ), is as follows (in millions of dollars):
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a. Determine the debt ratio for both companies. Round to one decimal place.
b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.
c. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two decimal places.
d. Interpret the ratio differences between the two companies.
Hershey Mondelez Net property, plant, and equipment Liabilities: $2,152 $8,362 Current liabilities Long-term debt Other long-term liabilities $1,936 1,549 $10,922 14,557 9,352 $34,831 28,012 62,843 690 Total liabilities Stockholders' equity Total liabilities and stockholders' equity $4,175 1,455 $5,630
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a Debt Ratio Total Liabilities Total Assets Hershey 4175 5630 742 Mondelez 34831 62843 554 Total Ass... View full answer
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