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		Madrid
Net property, plant, and equipment	$634,720		$816,800
Current liabilities	257,307		599,208
Long-term debt	587,116		588,096
Other long-term liabilities	206,284		228,704
Stockholders' equity	256,270		321,820

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