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Recent balance sheet information for two companies in the snack food industry, The Hershey Company (HSY) and Mondelez International, Inc. (MDLZ) , is as follows

Recent balance sheet information for two companies in the snack food industry, The Hershey Company (HSY) and Mondelez International, Inc. (MDLZ), is as follows (in millions of dollars):

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Debt Ratio, Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-term Liabilities Recent balance sheet information for two companies in the snack food industry, The Hershey Company (HSY) and Mondelez International, Inc. (MDLZ), is as follows (in millions of dollars): Hershey Mondelez Net property, plant, and equipment $2,152 $ 8,362 Liabilities $1,936 $10,922 Current liabilities 1,549 14,557 Long-term debt 690 9,352 Other long-term liabilities Total liabilities $4,175 $34,831 1,455 28,012 Stockholders' equity Total liabilities and stockholders' equity $5,630 $62,843 a. Determine the debt ratio for both companies. Enter your answers as percent values rounded to one decimal place. Hershey Mondelez b. Determine the ratio of liabilities to stockholders' equity for both companies. Enter your answers as decimal values rounded to one decimal place. Hershey Mondelez c. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two decimal places. Hershey Mondelez Hershey Mondelez This would suggest that d. The ratio of fixed assets to long-term liabilities suggests that is more aggressive than has stronger creditor protection and borrowing capacity than does

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