Recent balance sheet information for two companies in the food industry, Santa Fe Company and Madrid Company, is as follows (in thousands):

Santa FeMadridNet property, plant, and equipment$705,280$654,100Current liabilities399,820582,956Long-term debt652,384470,952Other long-term liabilities229,216183,148Stockholders' equity284,760257,720

a.Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.

Santa FeMadrid

b.Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place.

Santa FeMadrid

c.Althoughuses more debt, it hascreditor protection and borrowing capacity.