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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,

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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, Mondelez International, Inc. and The Hershey Company, is as follows (in thousands): Mondelez Hershey Net property, plant, and equipment $10,010,000 $1,674,071 Current liabilities 14,873,000 1,471,110 Long-term debt 15,574,000 1,530,967 Other long-term liabilities 12,816,000 716,013 Stockholders' equity 32,215,000 1,036,749 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Mondelez Hershey b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place Mondelez Hershey creditor protection and borrowing capacity, C. Although uses more debt, it has

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