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	$299,760		$623,040
Current liabilities	258,839		786,135
Long-term debt	369,704		560,736
Other long-term liabilities	129,896		218,064
Stockholders' equity	161,370		306,850

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