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

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 $343,320 $476,320
Current liabilities 407,346718,304
Long-term debt 423,428428,688
Other long-term liabilities 148,772166,712
Stockholders' equity 184,820234,590
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
uses more debt, it has
creditor protection and borrowing capacity.

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