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): Santa Fe $395,600 Madrid $843,300 Net property, plant, and equipment Current liabilities 240,212 784,774 Long-term debt 365,930 607,176 Other long-term liabilities 128,570 236,124 Stockholders' equity 159,720 332,260 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Santa Fe Madrid b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place. Santa Fe Madrid C. Although Madrid u ses more debt, it has slightly stronger creditor protection and borrowing capacity