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Recent balance sheet information for two companies in the snack food industry, Santa Fe Company and Madrid Company, are as follows: Santa Fe Madrid Net
Recent balance sheet information for two companies in the snack food industry, Santa Fe Company and Madrid Company, are as follows:
Santa Fe | Madrid | |||
Net property, plant, and equipment | $298,716 | $ 471,870 | ||
Liabilities: | ||||
Current liabilities | 585,938 | 874,105 | ||
Long-term debt | 669,848 | 539,280 | ||
Other long-term liabilities | 235,352 | 209,720 | ||
Total liabilities | $1,491,138 | $1,623,105 | ||
Stockholders' equity | 292,380 | 295,110 | ||
Total liabilities and stockholders' equity | $1,783,518 | $1,918,215 |
a. Determine the debt ratio for both companies. Enter your answers as percent values rounded to one decimal place.
Santa Fe | ? |
Madrid | ? |
b. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.
Santa Fe | ? |
Madrid | ? |
c. Determine the ratio of fixed assets to long-term liabilities for both companies. Enter your answers as decimal values rounded to two decimal places.
Santa Fe | ? |
Madrid | ? |
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