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Debt Ratio, Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-term Liabilities Recent balance sheet information for two companies in the

Debt Ratio, Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-term Liabilities

Recent balance sheet information for two companies in the snack food industry, Santa Fe Company and Madrid Company, are as follows:

Santa Fe Madrid
Net property, plant, and equipment $381,342 $ 456,876
Liabilities:
Current liabilities 317,103 477,270
Long-term debt 723,572 444,528
Other long-term liabilities 254,228 172,872
Total liabilities $1,294,903 $1,094,670
Stockholders' equity 315,830 243,260
Total liabilities and stockholders equity $1,610,733 $1,337,930

a. Determine the debt ratio for both companies. Enter your answers as percent values rounded to one decimal place.

Santa Fe
Madrid

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

Santa Fe
Madrid

c. Determine the ratio of fixed assets to long-term liabilities for both companies. Enter your answers as decimal values rounded to two decimal places.

Santa Fe
Madrid

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