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 $579,120 $473,000 Current liabilities 421,818 496,072 Long-term debt 535,686 340,560 Other long-term liabilities 188,214 132,440 Stockholders' equity 233,820 186,360 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place.

Santa Fe fill in the blank 1 Madrid fill in the blank 2 b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round your answers to one decimal place.

Santa Fe fill in the blank 3 Madrid fill in the blank 4 c. Although Madrid uses more debt, it has slightly stronger creditor protection and borrowing capaci