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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
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 | $8,482,000 | $2,130,294 | ||
Current liabilities | 16,737,000 | 2,418,566 | ||
Long-term debt | 12,532,000 | 3,254,280 | ||
Other long-term liabilities | 7,747,000 | 622,908 | ||
Stockholders' equity | 25,713,000 | 1,407,266 |
a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place.
Mondelez | fill in the blank 1 |
Hershey | 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.
Mondelez | fill in the blank 3 |
Hershey | fill in the blank 4 |
c. Although uses more debt, it has creditor protection and borrowing capacity.
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