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just need help figuring out the two Xs Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities Recent balance sheet

image text in transcribedjust need help figuring out the two "X"s

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, Santa Fe Company and Madrid Company, is as follows (in thousands) : Madrid Santa Fe $549,420 Net property, plant, and equipment $779,520 237,803 Current liabilities 714,804 Long-term debt 701,568 677,618 Other long-term liabilities 238,082 272,832 Stockholders' equity 295,770 383,910 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. 3.9 Santa Fe 4.4 Madrid b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place. 1.8 X Santa Fe 2.0 X Madrid c. Although Madrid creditor protection and borrowing capacity uses more debt, it has slightly stronger

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