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	$705,280		$654,100
Current liabilities	399,820		582,956
Long-term debt	652,384		470,952
Other long-term liabilities	229,216		183,148
Stockholders' equity	284,760		257,720

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 uses more debt, it has creditor protection and borrowing capacity.